TSLA & NFLX: 08262014

• NFLX: Short between 480-484. SL day close  above 487.  Target 450-457

• TSLA:   Textbook channel pattern. Short between 267-274.  SL day close above 278. Target 240-245. 
• MACD ready for crossover. Weekly MACD divergence

Priceline Breakout

• Buy in the range: 1265 to 1277 with SL 1260 day close.

AAPL nearing its completion of 5th wave.

• AAPL nearing 5 wave completion with a Ending Diagnol in its 5th wave. 

• Ending Diagnol in 5th wave

Bearish Wolfe Wave in FB

• Bearish Wolfe Wave in FB
• Short in the range 70-72 with SL at 72.6 day closing.
• OR wait for the -WW to get triggered.

GRPN, BAC, TWTR Charts

1. Wait for traingle pattern to get resolved.
2. Close below 8.12, bears rule again.

1. TWTR - consistently closing below 5D LEMA and got resisted at 5D HEMA many times. Just follow the pattern...with proper SL.
2. Breakdown from the channel, next support at crucial Fibo level 46.5

1. BAC - 18.3 to 18.5 is the resistance. 

TSLA - Completing iv of 5 and waiting for final v of 5.

1. Typically 4th waves break-down (not a rule always) from the trendline and moves back into the channel for a final 5th move burst. 
2. Go long on day close above 243.

Apple Update

5 Week High EMA @ 538. Bulls need a weekly close above 5 Week HEMA and then a close above trendline.