Meta Boosted by Earnings

2023年4月27日

Facebook has been on a tear ever since its bottom of Cycle Wave 4 @ $88.11. It is clearly extending beyond normal fib levels and should hopefully top inside my box. We could extend all the way out to the 3.0 @ 307 buy its not a high probability at this time. The 2.618 should be enough to stop this move up if we even make it that high. Although, Meta did post earnings 8.86% higher and almost 1 Billion more in revenues, so anything is possible.

From there I suspect we should start our (A) wave of ((2)). That a wave target will be somewhere around $ 165-175 but until we top and start heading lower I can't give a super accurate target zone.

Bonam Fortunam,
--Tyler

2023年4月27日

註釋

The Wave 5 would be the conclusion of Primary Wave ((1)) of Cycle Wave V of Super Cycle 1.