10/27/16 Elliott Wave Updates For F.A.N.G. – $FB $AMZN $NFLX $GOOGL

FB – A = C near the previous 4 would be 128-129 to the downside before possible reversal..appears to be in at least a zigzag.

AMZN – Due to the fade after an upward 2, worst case scenario is a full zigzag to as low as 800 if we close near the lows..we need to hold 819 until the close.

NFLX – [ms-protect-content id=”61,117,1559″] Still stuck in a sideways pattern that could breakout above 133 in a matter of weeks..

GOOGL – A = C would be 815, but 1-2-3 down on earnings would be 795-800..it needs a postive reaction over 827 to prevent that.