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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



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