Pattern mentioned last week may
now have the pivot points we are looking for. As we begin to look for the point D target near $405, we can count the possible 5 waves (pink trail) set up.
Looks like today may have been the low for pink wave 2.
Question now is does AAPL rally into earnings in a powerful wave 3? Or does it consolidate sideways building energy prior to earnings announcement after the close on July 30, then explode upwards to target?
now have the pivot points we are looking for. As we begin to look for the point D target near $405, we can count the possible 5 waves (pink trail) set up.
Looks like today may have been the low for pink wave 2.
Question now is does AAPL rally into earnings in a powerful wave 3? Or does it consolidate sideways building energy prior to earnings announcement after the close on July 30, then explode upwards to target?
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Pattern voided. Price broke 383.36 low (circled in red)