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swissfincap
Dec 4, 2020 9:47 PM

Apple final leg upwards in a 5th of a 5th wave Long

NASDAQ:AAPL1D
Apple Inc.NASDAQ

Description

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After ä triangle formation I expect a further leg upwards to the first profit zone. Is still a good CRV. But as allways, I'm still in learningmode :)

Comment

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It could come to an end... we have to be careful and move the stop higher.
Elliott WaveappleEW
Comments
justinmitchelltech
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Nice analysis. How did you come up with your stop and target levels?
swissfincap
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@justinmitchelltech, Thanks Justin, my levels comes from the triangle (ABCDE) structure, where my entry stand above the end of wave D, my stop below wave E and my target results from projecting the distance where the triangle beguns to the end of a extended line between A and C to the end of wave E (its a little bit difficult to write it down, because my english is not so good)... sorry, next time I will draw it in to the chart :)
justinmitchelltech
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@swissfincap, understood. Thanks for taking the time to explain. Have a great week!
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