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

FB – FB needs to hold support at 130.5 or it may form a full C wave to as low as 127-128 in a zigzag after earnings

AMZN – Worst case scenario is a test of w2 618 support at 780 after 5 waves up

NFLX – [ms-protect-content id=”61,117,1559″]NFLX is trapped in a sideways zigzag W4 after earnings, but it’s better than dropping like AMZN did on earnings..

GOOGL – GOOGL appears to be bottoming out after earnings in a rounded cup and handle w2 but needs to take ut 840 to full bottom [/ms-protect-content]