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December 2nd, 2013: AAPL Wave Count Update

Posted by pugsma on December 2, 2013

11:45 pm EST:  AAPL continues to track the primary count very well.  Today’s move to $564 looks like the end of wave 3 of iii of (3) of minor 3 of major [3]-P5.  The key level to watch for AAPL wave 4-iii-(3) is to remain above $529.  Assuming AAPL remains above $539, the wave iii-(3) target is at $587, where iii=1.23*i and the minor 3 target is $605, where (3)=2.62*(1).   The Cup and Handle Pattern target is at $645 for the end of wave major [3]-P5.

AAPL 60-min chart (mid-day):

PUG AAPL 60-min chart 12-2-13

AAPL 4-hr chart (mid-day):

PUG AAPL 4-hr chart 12-2-13

AAPL weekly chart (mid-day):

PUG AAPL weekly chart 12-2-13

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