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

AAPL – Ahead of earnings AAPL appears to have to have 5 waves up…but since NASDAQ just broke into a W3 there’s a chance that itself is breaking into a W3, so it’s 50/50 on the earnings reaction

PCLN – PCLN broke all kinds of resistance today and the key 1590 breakout would setup a W3 to 1650 short term

NTES – [ms-protect-content id=”61,117,1559″] NTES is correcting in a W2 but reversed..a close above 255 would setup a W3 back over the all time high of 273

BIDU – BIDU appears to be forming the 5th wave down of a 1-2-3-4-5 impulse down and could be a good buy if it drops back to the low 160’s [/ms-protect-content]