11/04/16 Elliott Wave Updates For Big Tech: $AAPL $PCLN $NTES $BIDU

AAPL – AAPL broke through 110 which leaves it open to drop to as low as 104-105, but it retraced almost 382 today to get a W4 in so the 106-108 range is support.

PCLN – PCLN appears to have formed an upward 4 today after a long downward 3, so worst case is a 5th wave and reversal

NTES – [ms-protect-content id=”61,117,1559″]A full upward 4 would target 249-250 after a large impulse down, and needs to get to that level for any chance of a bottom.

BIDU – BIDU appears to be in a 5th wave down which would setup a retest of 165 support. [/ms-protect-content]