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Dopam
Nov 11, 2012 7:39 PM

Apple Historically -- Where Are We? Short

Apple Inc.NASDAQ

Description

The Elliott wave principle is a form of technical analysis that some traders use to analyze financial market cycles and forecast market trends by identifying extremes. Apple shares have moved through all 5 wave phases of Elliott's Waves.

We are now in the corrective A-B-C backside of the 5 wave bullish cycle. Apple's tsunami bubble has popped.
Comments
hehe
Hi "J"....imo ...AAPL chart reminds me GE 1980-2000 ....
Dopam
I agree ...and MSFT
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