Technical Analysis Blog | PUG Stock Market Analysis, LLC

PUG Stock Market Analysis is here to help with Gold technical analysis, stock analysis and more. Read our technical analysis blog to learn more today.

January 1st, 2015: AAPL Wave Count Update

Posted by pugsma on January 1, 2015

5:55 pm EST:  AAPL is in correction for wave (b) of minor 3 of major [5]-P5 that has ended or will end shortly at the 50%/62% retrace target of 110.50/109.49.  Once wave (b) ends, wave (c) of minor 3 should move toward the minor 3 = 0.62*minor 1 target of 122.69.   This major [5]-P5 wave in AAPL is playing out as a large ending diagonal that should move up slowly over the next 3 to 6 months and end in the 125-130 area.

AAPL 60-min chart (12-31-14, EOD):

PUG AAPL 60-min EOD 12-31-14

AAPL 4-hr chart (12-31-14, EOD):

PUG AAPL 4-hr EOD 12-31-14

AAPL daily chart (12-31-14, EOD):

PUG AAPL daily EOD 12-31-14

 

 

Sorry, the comment form is closed at this time.

 
%d bloggers like this: