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

NFLX – After breaking out slightly last Friday NFLX is correcting in a deep 2, but has come back off the lows..best case scenario is a break above 141.80 setting up a W3

GOOGL – GOOGL after earnings is correcting in a deep W2, touching the previous 4 level at 820..but the other previous 4 is 790 so it’s not a good dip buy here yet

FB – [ms-protect-content id=”61,117,1559″] Worst case scenarios 5 waves up to the previous 4 and FB may have another 2-3 points of downside here if there’s no late day reversal..previous 4 is at 127 from here

AMZN – Worst case for AMZN is a move to the previous 4 at 805 after 5 waves up [/ms-protect-content]