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thebrewer35
Sep 18, 2020 7:35 PM

AAPL Update - EWF 1HR Long

Apple Inc.NASDAQ

Description

The most probable view:
1) The market is very choppy right now. I believe they are trying to shake-out both the bulls and the bears with these massive rises and dumps. We are in a three wave correction with $106.09 being A, a run to $122.04 -125.80 (.5 - .618 of the low off $106.09) in B, down to fib retracement of 100.00 of the last equal leg at $91.39. In the correction of ((4)), the completion date should be around 9/25, where there will then be a run to new ATH with chop along the way.

Stock Trade Setup: Buy at ((4)).
BUY @ 100.00% = $91.39
STOP LOSS @ 161.80% = $74.37

Options Trade Setup: Buy at ((4)).
BUY 100c - 140c for 6/18/21 @ $91.39.

TP1: $144
TP2: $155

Comment

Stock Trade Setup: Buy at ((4)).
BUY @ 100.00% = $93.11
STOP LOSS @ 161.80% = $76.09

Options Trade Setup: Buy at ((4)).
BUY 100c - 140c for 6/18/21 @ $93.11.

TP1: $144
TP2: $155

Comment

Comment: Stock Trade Setup: Buy at ((4)).
BUY @ 100.00% = $95.14
STOP LOSS @ 161.80% = $78.12

Options Trade Setup: Buy at ((4)).
BUY 100c - 140c for 6/18/21 @ $95.14

TP1: $144
TP2: $155

Comment

Posted new idea.

Comment

This is not financial advice, just my opinion.
Comments
Myantman101
Check out my recent trade action. Also feeling confident about tomorrow being another green day!
Lavin123
This seems astrology, like predicting whole future, I am observing it if future chart resembles even 50 percent of this chart, my whole next year I will dedicate learning Elliott wave...
hetheallen
launching apple.com in India next week + new iphone = +Q4 I think these combination of events will result in a positive ATH Q4 for the stock
thebrewer35
@hetheallen, agreed.
merabtene
@hetheallen, I think it will take months for a new all time high.
thebrewer35
@merabtene, yes, I agree. That is why the date is beyond the chart.
AzizAripov
ARE YOU SAYING IT IS UPSIDE FROM NOW TO 120? SORRY ENGLISH IS MY 5TH LANGUAGE JUST NEED CLEARIFICATION. WE HIT THE A TARGET LIKE YOU SAID NOW WE HEADED TO A IS THAT RIGHT?
thebrewer35
@AzizAripov, Upside to $122.04, yes. It is possible that it goes down from here, but I am currently bullish for a bounce to $122.04. Trade this at your own risk. The correction in ((4)) is the better entry.
AzizAripov
@thebrewer35, i was waiting for the 97 entry will wait for confirmation to the upside
thebrewer35
@AzizAripov, I am waiting for $93.11
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