Hard rejection at the 1.618 Fib level at $314, as expected and now we have the pull back, we expect this to be Wave 4, so we expect to see 3 ABC waves here, so far there is just one clear wave A here.....I have set the support at the 50 Day MA at $305. If you did not catch the break out at $303, the start of Wave 4 may be the ideal spot to buy for Wave 5 gains.