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May 25th
AAPL- provisional 573 wave 5 target PDF Print E-mail
Written by Gary Caumont   
Tuesday, 08 January 2013 07:35

AAPL looks to be in a possible wave 5 up (bulls hope)- see the following 26day 30min chart.

The chart shows a triangle targeting the 583 area (vertical line in bold representing the mouth). Also shown is a possible 5 wave move with wave 1 start to the center of wave 4 at 535 projecting a 573 wave 5 target. A move below the presumed wave 4 low at 515 cancels this target.

edit: Possible downside is horrendous if we fall below 497- a large ABC down from the 705 top targets 347.

 

Last Updated on Tuesday, 08 January 2013 09:31