11.10.16 Elliott Wave Update For Momentum Stocks: $TSLA $BABA $TWLO $ACIA

TSLA – TSLA appears to have formed a gap down 5th wave, but would need to take out 192 or the top of the 4 for any chance of a bottom.

BABA – BABA formed a 5th wave down and reversed..it needs to take out 98.5 or the top of the 4 for any chance of a bottom.

TWLO – [ms-protect-content id=”61,117,1559″] TWLO has held in there all day despite the tech carnage, but needs to take out at least 34.5 to setup a full 618 reversal

ACIA – There’s a shot at at 1-2-3 to the upside after a deep W2 today, but needs to take out at least 76.20 for any chance of a Wave 3 [/ms-protect-content]