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.

April 14th, 2014: AAPL Wave Count Update

Posted by pugsma on April 14, 2014

11:30 am EST:  AAPL still appears to be in a flat for wave ii-(3) of minor 3 of major [3]-P5.   The c=a target is 513 which would close the 517 to 512 gap.  Once wave ii-(3) completes, wave iii-(3) should head for the 608 target, were iii=1.62*i.    It will take a break above 534.25 and then above 551.19 to confirm that wave ii-(3) has ended and wave iii-(3) is underway.

The primary count for wave ii-(3) remains valid above 493.55.  Below 493.55, the alternate (blue) count shown on the AAPL weekly chart is in play.

AAPL 60-min chart (mid-day):

PUG AAPL 60-min chart MD 4-14-114

AAPL 4-hr chart (mid-day):

PUG AAPL 4-hr chart MD 4-14-114

AAPL weekly chart (mid-day):

PUG AAPL weekly chart MD 4-14-114

Sorry, the comment form is closed at this time.

 
%d bloggers like this: