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):
AAPL 4-hr chart (mid-day):
AAPL weekly chart (mid-day):
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