Since the March lows, Apple has gone through 2 Elliot Impulse Waves with an ABC correction in between.
Now we are in the middle of wave 3 with a maximum upside of ~$138 in the short term, followed by a pull back to as low as ~$127 (or more likely ~$131).
Following this, the current impulse wave should end with a final push to ~$145 or higher (if the wave 4 retracement is above ~$127).
4 hour Stoch RSI as of EOD Aug 31 below 30 and MACD is tightening possibly heading into a bullish break to complete wave 3 of the current cycle.
Now we are in the middle of wave 3 with a maximum upside of ~$138 in the short term, followed by a pull back to as low as ~$127 (or more likely ~$131).
Following this, the current impulse wave should end with a final push to ~$145 or higher (if the wave 4 retracement is above ~$127).
4 hour Stoch RSI as of EOD Aug 31 below 30 and MACD is tightening possibly heading into a bullish break to complete wave 3 of the current cycle.
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Exención de responsabilidad
La información y las publicaciones que ofrecemos, no implican ni constituyen un asesoramiento financiero, ni de inversión, trading o cualquier otro tipo de consejo o recomendación emitida o respaldada por TradingView. Puede obtener información adicional en las Condiciones de uso.