[Wavescan] Updated Look At The 4 Horseman 12.03.15 – $AMZN $AAPL $FB $NFLX

This is a quick look at what I consider the best 4 tech big cap stocks and their wave patterns after a truly ferocious drop today. Glass half full, this just looks like a corrective ABC flat with the big scary C wave today..may end up being a really bad close, but we may hold support at A wave low of 2019 tomorrow and rally into next week..anyway, here’s what I’m seeing:

AAPL (Apple): 786 support for AAPL is 114, and it’s lock step with S&P in terms of the ABC formation..the C wave is extending today and a break of 114 would setup a re-test of 109 as soon as tomorrow. Not a pretty formation, but on the 6 month chart it’s fine in terms of corrective waves..it’s just the short term that’s ugly.

AMZN (Amazon): AMZN doesn’t look as nasty as AAPL does, but it’s fading in a C wave and the A wave support sits at 662. I’m thinking ABC W2 flat to hold 662 at worst..that level holding and a reversal Wave 3…it’s holding up pretty well considering the circumstances. Good buy at 662.

FB (Facebook): FB has a double top B wave that’s plummeting in a C wave minimum..appears that it may do a retest of the A wave low at 99.5-100, but I’m thinking that support is pretty strong and it would reverse after testing it. Good buy at that range of 99.5-100.

NFLX (Netflix): Due to today’s drop NFLX may have run into 5 waves up, and may retrace all the way back to as low as 120 or previous 4 support..that’s not as bad as most stocks because momentum has been pretty strong in it..good buy at 120.

 

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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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