2.15.17 Elliott Wave Updates For Momentum Stocks: $BABA $TSLA $ACIA $NVDA

BABA – BABA formed 5 waves down from the 10 day high and could reverse 618 to at least 103 from here

TSLA – TSLA may need to test 275 in a W2 zigzag before any kind of reversal here

ACIA – [ms-protect-content id=”61,117,1559″] A close above 66 would setup a move to B wave resistance in the 72-75 range

NVDA – NVDA appears to have 5 waves down nearly complete setting up a 618 reversal back to the 113-115 range [/ms-protect-content]