1.27.17 Elliott Wave Updates For F.A.N.G. – $FB $AMZN $NFLX $GOOGL

FB – FB retraced this morning in possibly a W2 before W3..if it can close above 133 a W3 could take it to 140 quickly in a 1.618 move

AMZN – AMZN is retracing in a W2 after a large recent runup..if it can close above 843 in the coming days it would setup a W3 to as high as 890-900 short term

NFLX – [ms-protect-content id=”61,117,1559″] NFLX has been correcting in a sideways W2, but appears to be breaking out again…a break of 142 would setup a w3 to as high as 155+

GOOGL – After earnings GOOGL just got a minor W2 correction…if it can close above 855 it would setup a W3 to the 900 range [/ms-protect-content]