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

FB – FB has been gradually rising over the past few days, but not enough for a full breakout..120.5 breaking this time around is important as that’s .786 of the C wave/5th wave.

AMZN – AMZN is in the middle of a zigzag, and worst case is a C wave back to test 757-760 in an ABC

NFLX – [ms-protect-content id=”61,117,1559″]After 5 waves up NFLX is retracing in a zigzag formation, and worst case scenario is a full C back to 120

GOOGL – GOOGL broke the top of the B at 800 this morning and could reach as high as 810-820 short term to clear the top of the W2 [/ms-protect-content]