FB update 4/20/2015: did minute i and ii (of minor 3 of intermediate iii of major 5) get in place!?

FB rallied strongly today, and is due to report earnings AH this Wednesday 4/22. The preferred count has intermediate i, ii, minor 1, 2 and minute i, ii complete. The strongest move of all is -based on this count- about to happen, and that could thus very well be due to earnings. Although not shown here, the daily chart did give buy signals and the weekly chart looks bullish as well. A break above the “minute i?” high will confirm this count. A break below the minor 2 low means something more bearish is a foot though I can’t reconcile that EW count wise.


face book update 4202015


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