VRX
Last update from December 22nd
A cautious five up for initial 1 (link) and we should observe support at 14.04, initial target once 15.07 is retaken should be 16.10 followed by 17.67
Current update, January 11th
Support for 4 is 15.84-15.61 if we could get another five up to 18.95 we could complete 1 up of a new super cycle; but it is critical to achieve one more high to 18.95 in the form of 5th of (1). Chart here (link)
BITA,
Last Update from December 22nd
Long term fibonaccis here (link), this would suggest it is not healthy to trade it until above 22.10 but going a bit deeper we can reduce that resistance to 19.97 (link). We need five up and then a pullback to 18.43 to go long and take out position bought at highs. Ideal setup here (link).
Current update, January 11th
Playing perfect fibonacci pinball; 1% extension is at 22.94 as seen on this chart (link) looking a bit deeper, there is not much in the form of resistance between 22.02 and 24, so if it goes above 22.94 our target at 25.4 or 1.618 extension, looks very reasonable.
BIDU
Support at 174.14 or 1% extension, ideal target at 186.38, the reason we did not sell BIDU yesterday despite it was close to hit 1.764 extension it is because any trader with some experience on BIDU knows that when it starts to run should not respect standard extensions on the upside and if that’s not the case we still can average down at 174.14 support, chart here (link).
CBS
GTC limits have been set to buy at 59
NVDA
.618 re up is 112.35 as seen here (link) 105.96 should act as support and then we can project 114.96 as ideal target .
