If you have been following along with my analysis, you know that I have had this box drawn for over a month. I only post on TV every so often, so you don't get my full analysis. However, I have been calling for $225 as my "sweet" spot for price to bottom with the possibility of dropping all the way to the 1.618 @ $203.01. Rather or not we make it down there remains to be seen. We do have positive div forming though, hinting that a reversal is incoming.
I am not sure if I will post it on here or not, but when we do bottom in what I am calling (A), I will be able to ascertain the target area of (B). If this drop is actually ((2)), then we will be headed much higher afterwards. Either way, after this move lower completes, price will very likely head higher by at least $100 per share. That is from current price levels too. Time will tell, but this will be a very good trade to take IMHO.