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CihangirCilingir
Jan 29, 2015 7:54 AM

AAPL, Daily, %20 down potential,ELLIOTT C Wave approaching Short

Apple Inc.NASDAQ

Description

as seen in the graph, Apple take a support from mid term trend line and because of biggest quarterly profit, it goes up to nearly 118 and closed 115.31 yesterday. I think B wave is done. now we are in the beginning of the C wave and its target is 1,618 of A wave (around 93) which is a good support in the long term trend line. It means there is a possiblity of %20 sell off.
Good luck.
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