12.07.16 Elliott Wave Updates For F.A.N.G. – $FB $AMZN $NFLX $GOOGL

FB – FB Needs to close above 117.50 or it may turn into a C wave down…the angle of the move looks like a B wave at worse

AMZN – if AMZN closes above 767 it would setup a Wave 3 to as high as 790-800 range if it travels 1.618 X W1

NFLX – [ms-protect-content id=”61,117,1559″]A full upward 3 short term would target 128+ on a 1.618 move from the lows

GOOGL – If GOOGL can close above 785 this week it would setup a W3 back to the 820-830 range on a 1-2-3 pattern [/ms-protect-content]