PUG Stock Market Analysis, LLC | Technical Analysis Blog

PUG Stock Market Analysis is here to help with SP500, QQQ, IWM, Gold technical analysis, stock analysis and more.

December 27th, 2013: AAPL Wave Count Update

Posted by pugsma on December 27, 2013

2:30 pm EST:  AAPL looks to be putting in a wave 2-v-(3) of minor 3 of major [3]-P5 wave.  As long as the price remains above 538.80 during this wave 2-v-(3) correction, the count remains valid.  Wave 2-v-(3) targets are at the 50% fib retrace at 556 and the 62% retrace at 552.  Once wave 2-v-(3) completes the upside targets for wave (3) tat 605 and wave minor 3 at 650 are shown on the 60-min and 4-hr charts.

APPL 60-min chart (EOD):

PUG AAPL 60-min EOD 12-27-13

AAPL 4-hr chart (EOD):

PUG AAPL 4-hr EOD 12-27-13

AAPL weekly chart (EOD):

PUG AAPL weekly EOD 12-27-13

Sorry, the comment form is closed at this time.

 
%d bloggers like this: