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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):

PUG AAPL 60-min chart MD 5-9-14

AAPL 4-hr chart (mid-day):

PUG AAPL 4-hr chart MD 5-9-14

 

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