May 9th, 2014: AAPL Wave Count Update
Posted by pugsma on May 9, 2014
12:00 pm EST: Is the E-wave count on AAPL precise or what? Wave iii-(3) of major [3]-P5 hit the predicted iii=1.62*i target of 604 on the nose. Now wave iv-(3) is underway that should hold the 575 pivot area (23% retrace 583 and 38% retrace 569), before wave v-(3) heads for at least 621, where (3)=(1). The minor 3 wave target is up at 651, where minor 3 = 1.62*minor 1 and the major [3]-P5 wave should make a new all-time high above 705.
AAPL 60-min chart (mid-day):
AAPL 4-hr chart (mid-day):
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