We continue to cover corrective moves in Apple stock.
Previously, we discussed Wave A.
Currently, the stock price is in Wave B.
The five-wave impulsive move up is complete and is now being corrected.
Key targets:
Potential move from current level: 5-7%.
After that, expect a return to the growth phase,
with possibly one more small upward impulse toward the 290 area, slightly above or below, before Wave C develops.
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Previously, we discussed Wave A.
Currently, the stock price is in Wave B.
The five-wave impulsive move up is complete and is now being corrected.
Key targets:
- 265 - local correction
- 260
- 256
Potential move from current level: 5-7%.
After that, expect a return to the growth phase,
with possibly one more small upward impulse toward the 290 area, slightly above or below, before Wave C develops.
---
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You’ll get new ideas faster than anyone else.
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Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.