10/25/16 – Elliott Wave Update For Momentum Names: $ACIA $TWLO $TSLA $BABA

ACIA – ACIA would have a good chance of bottoming if it breaks 1.00 of the upward 4 at 96..the reversal yesterday was big enough and has a enough momentum to set it up.

TWLO – TWLO downside targets: 38 on W1=W5, but 32 on .618 X w1 + w3 in a 5th wave.

TSLA – [ms-protect-content id=”61,117,1559″] TSLA needs to break these two levels: 207 B wave resistance and 210 at 786 of the downward 5.

BABA – BABA is close to breaking 107 which is 786 of the entire zigzag we’ve seen over the past month.