$AAPL has the look of five waves up with a zigzag retracement to an appropriate zone. If it’s a 1-2, 3 targets the orange box above.
Tag: $AAPL
Protected: Moving the Triangle to $AAPL Gives Us This Lovely Picture
Protected: $AAPL Should Proceed to My Target Box
Protected: Getting $AAPL Right Gets a Lot Right
Three Charts, Three Levels ($SPY, $IWM and $AAPL)
$SPY has approached it’s 78.6% retracement of yesterday’s rally:
Read more “Three Charts, Three Levels ($SPY, $IWM and $AAPL)”
$AAPL Selloff Looks Impulsive, So Here Are My Expectations
The selloff on $AAPL looks impulsive, so I would expect a second one to match it.
The move down from the 9/7 high looks impulsive. Either from here or from one more nominal new low, I would expect a rally to blue b followed by a second leg lower to the lower orange box for blue c, ideally to the lower end of that box.
[UPDATE]: Though we are still in the process of creating the low for blue a, and the general drift of the next move I am expecting remains up towards what I have labelled as blue b, I have revised this call here, and so am filing this call as “cancelled.”