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):
AAPL 4-hr chart (Mid-day):
AAPL weekly chart (mid-day):
Sorry, the comment form is closed at this time.
You must be logged in to post a comment.