October 21, 2016
[F.A.N.G.] A Quick Elliott Wave Look At FB, AMZN, NFLX, GOOGL
FB (Facebook) – FB completed a near perfect ABC zigzag to my targeted range (99-101) and reversed swiftly off the C wave low..in order to complete the full reversal, 786 would need to break at 105.5 of the C wave..if it exceeds 105.5 there’s a good shot at higher highs and a completed sideways bottom.
AMZN (Amazon) – AMZN completed 5 waves down but the reversal is far ahead of the 382 upward 4 move..strong enough to be a 786 reversal should it extend past 618 at 662…after 662 is 786 reversal at 670 which is the breakout an intended target after a 5 wave bottom.
NFLX (Netflix) –