10.16.19 Elliott Wave Updates For FANG: $NFLX $GOOGL AMZN FB

NFLX – Worst case scenario is a gap down 5th wave after a W4 on earnings to as low as 240-250

GOOGL – A break of 1270 would setup a W3 to 1380-1400 at 1.618 x w1


[ms-protect-content id=”61,117,1559″]A break of 1825 at .786 retrace would setup a bottom and bigger .618 reversal

FB – A break of 192 would setup a retest of the all time highs at 1.00 retrace