I commence with my gratitude to The All-Knower
I had forecasted on 06/18, in a reply to an inquiry about FaceBook update, that $33-33.20 area shall prove be a brick wall. So it was proved to be it....
FB exhibited a "lost motion" price pattern and slipped slightly above the area predicted, only to have dropped sharply and pushed back by 3%-4% every time. It tried on 06/22 and then again today 06/27. Both times, the price area proved as strong resistance as predicted in my follow up comments about FB
I had forecasted on 06/18, in a reply to an inquiry about FaceBook update, that $33-33.20 area shall prove be a brick wall. So it was proved to be it....
FB exhibited a "lost motion" price pattern and slipped slightly above the area predicted, only to have dropped sharply and pushed back by 3%-4% every time. It tried on 06/22 and then again today 06/27. Both times, the price area proved as strong resistance as predicted in my follow up comments about FB
