FB, NFLX, WYNN update 03/21

FB: minor 4 should now be underway. Note the EDT for minute-v, with a typical overthrow and then collapse. All TIs are weak and bleak and want to see lower prices. Minor 4 target is right in important S/R zone (green box).

fb

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NFLX: Ugly candle today. MACD looks horrible (lots of negative divergence). Intermediate iv should be underway. Alternatively it’s only minute iv. in that case i expect 195 gap fill. otherwise 130-125 for intermediate iv.

nflx

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WYNN: One of the few beauties out there. Should now be in minor 4 of intermediate iii. Fib’s line up perfectly here.

wynn