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January 23rd, 2015: AAPL Wave Count Update

Posted by pugsma on January 23, 2015

12:05 pm EST:  AAPL is still working to decide if minor 2 of major [5]-P5 is over at 62% Fib retrace of 104.63 (primary) or if it needs to retrace to the 78% Fib at 100.59 (alternate blue).   A break above 115 or below 104.63 will determine the outcome.  In either case, AAPL does not likely have much upside potential left, as it looks like major [5]-P5 will complete around 125 to 130 as an ending diagonal this spring/summer.

AAPL 60-min chart (Mid-day):

PUG AAPL 60-min chart MD 1-23-15

AAPL 4-hr chart (Mid-day):

PUG AAPL 4-hr chart MD 1-23-15

AAPL weekly chart (mid-day):

PUG AAPL weekly chart MD 1-23-15

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