10/31/16 Elliott Wave Look At Momentum Names: $TWLO $ACIA $TSLA $BABA

BABA – BABA might be near 5 waves down completed before a 618 reversal..may need to touch 100-101 first before getting a full reversal after 5 waves down

TSLA – A full ABC zigzag on TSLA would target 190-193 to the downside before any meaningful 618 reversal could form.
ACIA – [ms-protect-content id=”61,117,1559″] Lowest floor before I’d give up on w2 bottom support is 65-68 and we’re real close to those levels

TWLO – Lowest floor on 786 support would be 30-32..if it can’t find a low there there would be serious trouble. [/ms-protect-content]