Facebook (FB) reached $155 target: What’s next?

Last week I showed that Facebook (FB) would reach around $155 and start correcting from there: see here. On Friday it reached $155.54 and dropped 5.8% intra-day, to end the day down 3.28%. It’s largest intra-day drop since November 2016. To illustrate: if you’d bought FB late-April your gains would effectively be $0… So much…

FB update: close to a significant top?

Like the rest of the market and many other stocks, Facebook (FB) has been on a tear over the past months. But, nothing goes up (or down) for ever. Using Elliott Wave we can determine with often great accuracy where a stock is: is there still upside left or not? What we find is that…