This is a quick analysis of the four horseman NFLX FB AMZN and AAPL for 12.07.15.
NFLX (Netflix) – The 3rd wave extension continues or started based on NASDAQ’s Friday breakout..it’s lagging after leading in the past 2-3 days, but the 3rd wave breakout looks clear…full 1.618 golden ratio move would be as high as 155-160 if the momentum gathers into a full 3.
FB (Facebook) – Facebook broke 786 of the C wave..barely..at 106.80, and needs to clear that 106.80-107 range to break out of the double top B wave and ABC flat…it’s really lagging and breaking that level again would help a lot.
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