AAPL recent decline brought it down just below a .382 retrace of the rally from late December 2018 to February 2020. Additionally the 02/28/20 bottom was at 256.37 just .08 above the 12/03/19 - 256.29 bottom. Bottoming very close to important Fib and chart level implies powerful support. AAPL is forming the Elliott wave count that was in place for the SPX and DJI before the the virus decline.
High probability AAPL, in a few months could make a new all-time high. AAPL wave count also adds to the evidence that SPX and DJI could also make new high. The wave pattern is different for those indices as was noted in my recent DJI -Elliott wave count.
Mark
High probability AAPL, in a few months could make a new all-time high. AAPL wave count also adds to the evidence that SPX and DJI could also make new high. The wave pattern is different for those indices as was noted in my recent DJI -Elliott wave count.
Mark