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December 13th, 2013: AAPL Wave Count Update

Posted by pugsma on December 13, 2013

5:30 pm EST:  AAPL continues to follow the primary count.  The current correction is wave iv-(3) of minor 3 of major [3]-P5.  Wave iv-(3) must remain above the wave i-(3) high of 539.25 in order to remain valid.  Once wave iv-(3) completes wave v-(3) should target 605, where (3)=2.62*(1).  The minor 3 and major [3]-P5 targets are up in the 650 area, which is the cup and handle pattern target.

AAPL 60-min chart (EOD):

PUG AAPL 60-min chart 12-13-13

AAPL 4-hr chart (EOD):

PUG AAPL 4-hr chart 12-13-13

AAPL weekly chart (EOD):

PUG AAPL weekly chart 12-13-13

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