ir-rizzle

Elliot Wave analysis of $AAPL (post split)

Long
NASDAQ:AAPL   Apple Inc
Since the March lows, Apple has gone through 2 Elliot Impulse Waves with an ABC correction in between.

Now we are in the middle of wave 3 with a maximum upside of ~$138 in the short term, followed by a pull back to as low as ~$127 (or more likely ~$131).

Following this, the current impulse wave should end with a final push to ~$145 or higher (if the wave 4 retracement is above ~$127).

4 hour Stoch RSI as of EOD Aug 31 below 30 and MACD is tightening possibly heading into a bullish break to complete wave 3 of the current cycle.

Comments

Home Stock Screener Forex Screener Crypto Screener Economic Calendar How It Works Chart Features Pricing Refer a friend House Rules Help Center Website & Broker Solutions Widgets Charting Solutions Lightweight Charting Library Blog & News Twitter
Profile Profile Settings Account and Billing Referred friends Coins My Support Tickets Help Center Ideas Published Followers Following Private Messages Chat Sign Out