[F.A.N.G.] $FB $AMZN $NFLX $GOOGL Elliott Wave Updates – Mid Term

FB: After the big earnings spike, FB has been trapped in a large ABC flat, but in the past couple days appears to have broken out again and into the potential 5th wave 618 X W1 + W3 move to the 145-150 range.

AMZN: The HUGE breakout in the past month for AMZN is setting up for either a W5 or W3…W5 would target 850-900 MAX at 618 x W1 + W3, but potentially as high as 1300 in a 1.618 move.

[ms-protect-content id=“61,117,1559”] NFLX: Needs to hold 88 support to prevent a full C to the low 70’s…top of B breakout would occur at 112, and needs to break to setup a long term bullish Wave 3.

GOOGL: Trapped in an ABC flat that needs to hold support at 695…top of B breakout would occur at 780-800 or 786 of the C wave to keep the long term Wave 3 going. [/ms-protect-content]

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