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mehdi47abbasi79
Mar 26, 2024 5:32 PM

bullish scenario of the second wave of the sideways correction p Long

Apple Inc.NASDAQ

Description

Dear analysts and traders,

I hope you are doing well and are motivated for the week ahead. I wish you all the success in your business endeavors. Remember that success in trading lies in consistently defining and sticking to your rules.

As someone interested in the Elliott Wave Principle, I find it to be an invaluable tool for market analysis. I have developed my approach by combining this principle with my personal experience and by considering different scenarios that are likely to occur in the market. It should be noted that I do not like to be surprised in the market, and that's why I have different market prospects. I follow them to be sure and recognize the structure that is forming so that I can 100% recognize it.

I will share my analysis with you, but please note that I am not providing any buy or sell signals. My perspective on idea analysis is completely unbiased, so if the idea analysis meets your standards, you can use it as a guide to make an informed decision.

I have attached my previous analysis of the same market so that you can compare and see the differences. All the details of my analysis are clearly labeled, making it easy for you to understand. However, having a basic familiarity with the Elliott Wave Principle theory will help you understand the analytical idea more easily.

I have been studying the Elliott Wave Principle for almost three years now, and over time, my understanding of this knowledge and experience has grown. What I have achieved so far is the legacy of a genius called Ralph Nelson Eliot, and I am really happy with my progress. May peace be upon him.

Thank you for your support so far. I will always remember your kindness. Please share your comments and criticisms with me.

I hope my analysis will be useful to you in your business journey, and I wish you all the best.

Sincerely,

Mr. Nobody



Comments
TradingView
Thank you for sharing. It will be interesting to see where Apple goes.

This publication has been chosen for the Editor's Picks and will be featured on the Home Page as well as tradingview.com/ideas/editors-picks/.

Thank you for your valuable contribution to the TradingView community and keep up the good work!
mehdi47abbasi79
@TradingView, "Hello,

I want to express my gratitude to the TradingView support team for providing such a valuable platform. It has played a crucial role in improving my skills in basic Elliott Wave analysis, as well as in mastering Elliott Wave tags, Fibonacci types, chart patterns, and other indicators. I am fully committed to further developing my analytical skills and becoming an experienced and professional analyst in this style of analysis over the next two years. I am thankful for the trust placed in me and for the opportunity to share my idea on the main page. Here's to the continued success of the best trading platform in the world.

Sincerely,
A fan of the TradingView platform"
billly4u
I agree with the Technical analysis but what about fundamentals; Apple is at a stage where its product growth is stagnant. For how many years people will use same iPHone with a little bit change every year. I'm using iPhone XR and my wife recently was gifted iPHone 15. We compared a video made on mine and hers which is same no difference for a common person. How many people buy iMac with a different design and body shape and color. Apple's downhill journey is about to start unless they come-up with another revolutionary product idea like touch screen phone in 2008 or so.
mehdi47abbasi79
The principles of technical analysis are invaluable as they are based on market patterns, and the Elliott wave principle takes into account the social nature and psychology of investors, leading to a high-probability assessment of the trend's path. While a decrease is possible, the likelihood is relatively low. In my view, the value of a company like Apple is not solely dependent on production; the primary value lies in its shares. I have labeled my idea, which outlines a high-probability path in blue and carries some risk, as an aggressive one. When two analysts or traders hold opposing ideas, it's not a negative situation – rather, it's valuable. The exchange of information and respectful discussion are essential. I wish you the best and good luck.
sina1398hoseini
amo mehdi halalet boro ke doroste
mehdi47abbasi79
@sina1398hoseini, Hello, Dear Sina, thank you for your message. To ensure everyone understands, please send your message in English. Thank you. The green-white-red flag is flying high.
pdb2040
. v by u b. m S.
1
Yes 🤙 /
/ . -
' 1. / % G M /
mehdi47abbasi79
@pdb2040, "Thanks for the comment, friend. I didn't understand it."🤔
gvoommen
Very good analysis :)
mehdi47abbasi79
@gvoommen, I appreciate your kindness, my friend.
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