1.24.17 Elliott Wave Updates For Big Tech: $AAPL $PCLN $NTES $BIDU

AAPL – Elliott wave can’t predict earnings but AAPL appears to have 5 waves up headed into it so I’d stay clear of AAPL until after earnings

PCLN – PCLN is 1 point away from breaking the top of the B, and if it breaks today 1600 would come easy

NTES – [ms-protect-content id=”61,117,1559″] This morning NTES broke the top of the B At 257 by a fraction before fading..but the momentum is strong enough to bring it back to 272 in the short term easy

BIDU – BIDU still stuck in a 4th wave at 382 [/ms-protect-content]