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January 3rd, 2013: AAPL Wave Count Update

Posted by pugsma on January 3, 2013

11:00 am EST:  Here is my latest update on the AAPL wave count on the 15-min and 60-min charts.  It looks like AAPL is in the process of a wave (2) of minor 3 of major [1]-P5 that should back-fill or hold above the 535 gap.  From the wave (2) low, wave (3) should carry AAPL towards 585.  And I’m expecting AAPL to teach the 620 to 640 area for the completion of major [1]-P5 sometime in late January.

AAPL 15-min chart (10:50 am EST):

PUG AAPL 15-min mid-day 1-3-13

AAPL 60-min (10:500 am EST):

PUG AAPL 60-min mid-day 1-3-13

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