January 30th, 2018: AAPL Chart Update
Posted by pugsma on January 30, 2018
11:10 am EST: I took another look at AAPL and this sell-off from 180.05 to 164.70 looks more like a potential major [4]-P1-C3 expanded flat and not a minor 4 for the alternate (blue) wave count. This would open the possibility of one more push up to about 192 for major [5]-P1 before a bigger sell of for P2-C3 down to the 134.54 pivot.
The primary (green) count remains that that major [5]-P1-C3 topped at 180.05 and that this first drop to 164.70 is minor 1 of major [A]-P2-C3. There should be wave minor 2 bounce to the 50%/62% Fib at 172.38/174.21 before a large minor 3 wave drop down toward the major [A] target of 149.16.
AAPL 4-hr chart real-time link: http://www.freestockcharts.com?emailChartID=56420418-c5bc-469b-9478-f343d339a0b0
AAPL 4-hr chart:
AAPL daily chart:
AAPL week chart:
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