FinnReilly2f

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GOOG 50% | 1 AAPL 50% | 1
FinnReilly2f FinnReilly2f AAPL, M, Short ,
AAPL: Potential Elliott Target of 200 for AAPL
206 0 0
AAPL, M Short
Potential Elliott Target of 200 for AAPL

The Elliott Wave picture for AAPL appears to show that it has completed wave 3 and must complete wave 4 before proceeding upwards - typically one of the most likely targets for wave 4 is the price range of wave iv of lesser degree, which in this case would give a target of at most 200. Moreover, an equality projection of wave a of 4 from the (possible) end of ...

FinnReilly2f FinnReilly2f GOOG, M, Short ,
GOOG: Short Google based on Elliott and DeMark outlook
218 0 1
GOOG, M Short
Short Google based on Elliott and DeMark outlook

Wave v of 5 has just completed a termination wedge, a pattern which tends to retrace a) all of its length, and b) to wave iv. As with the internal structure of wave 3 (which also ended on a wedge), the presence of a contracting triangle gives us an objective view on where wave iv of 5 is, as triangles must always be the penultimate wave in a wave of larger ...

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