[F.A.N.G.] An Elliott Wave Look At FB AMZN NFLX GOOGL 12.21.15

FB (Facebook) – 618 support for FB is at 104, and if it holds and breaks through 618 resistance at 106, it could rally in a Wave 3 to as high as 114-115 baed on a 1-2-3 move off the lows..a NASDAQ bottom here would help create this move.

AMZN (Amazon) – 618 support for AMZN is far away at 657, but if it can hold that level and break 675, it would setup a 1-2-3 move to as high as 735-745 short term..that would be 1-2-3 up like FB.

NFLX (Netflix) – Trapped in a big zigzag..if it breaks through 115 it may drop in an A = C to as low as 105-107..it’s really close to doing it now, so NASDAQ needs to bottom here.

GOOGL (Google) – 618 support for GOOGL sits at 755..if it can hold that level and break 772, it would setup a W3 to as high as 815-820 short term..it’s a distance away so this scenario combined with as NASDAQ bottom could end up pushing it to that level.

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The secret of many top analysts and traders...(in fact mutual fund managers, hedge fund traders and even a couple seat owners of the NYSE are subscribers!) Wavegenius.com. Ted "Wavegenius" Aguhob since 2001 has profited on 80%-88% of his trades EVERY year since the inception of his blogs and websites..Ted has made and incredible amount of calls during this period including: 1778% gain in 03-04 from swing trades, The 2009 bottom lows of S&P DOW and NASDAQ literally right on the number, the massive 3rd waves when SPX made it's run from just over 1000 to 2400+ that we're seeing now (these calls were written by Ernie Varitimos on articles on the FRONT PAGE of TheStreet.com, Yahoo Finance and MSN Money for a week), The exact all time low of Apple and Facebook and the huge move that followed on Youtube videos, and he's had Top 20 Charts of stocks that 90%-100% of the time were accurate...at the time the calls were considered insane to most and hundreds of his charts have been like that..until they actually happened...as a result Ted with a tiny audience made almost $177,000 in 2013 as one of the top earning blogs in the country. His following is beyond fanatical, and has been hidden away for many years with many websites and competitors refusing to partner with him..mostly because he'd walk in there and take away many subscribers and traffic from them...

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