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February 1st, 2017: AAPL Chart Update

Posted by pugsma on February 1, 2017

AAPL just produced a “Gap of Recognition” for wave iii-(3) of minor 3 or major [3]-P5-C1.  This a very powerful signal in Elliott Wave Theory and typically leads to significant gains (bull case as here with AAPL) or losses (bear case).   The lowest P5-C1 target of 151.16 is a 22.16 point (+17.2% gain) from here at 129.

AAPL 60-min chart:


AAPL 4-hr chart:


AAPL daily chart:


AAPL weekly chart:


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