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markrivest
Nov 27, 2020 6:48 PM

AAPL Clear Elliott Wave Pattern Long

Apple Inc.NASDAQ

Description

AAPL may have just completed an Elliott Wave - Horizontal Triangle. In this formation usually the widest part of the triangle can forecast the termination point of the next wave which in this case is wave "5". The widest part of the triangle is wave "a" added to the wave "e" bottom targets 148.

Daily Stochastic today 11/27/20 had a bullish crossover which implies wave "5" is now underway.

AAPL could be an aid to timing the broader US stock market. Please see my prior DJI post about stock market seasonal patterns.

Mark
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