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May 2nd, 2013: AAPL Wave Count Update

Posted by pugsma on May 2, 2013

2:15 pm EST:  AAPL price is approaching my 450-460 target range given one week ago for minor 1 of major [1]-P5.  There are two E-wave fib targets for the end of minor 1 at 453, where (5)=0.62(1) and at 464, where (5)=(1).  Once minor complete, the minor 2 wave should retrace about 50% to the 419 to 425 area before minor 3 heads above 500.

AAPL 15-min chart (afternoon):

AAPL 15-min chart after 5-2-13

AAPL 60-min chart (afternoon):

AAPL 60-min chart after 5-2-13

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