Elliott Wave standpoint favors additional upside in Apple (AAPL) [Video]



Cycle from 1.4.2023 low is in growth as a 5 waves impulse Elliott Wave construction. Up from 1.4.2023 low, wave ((1)) ended at 157.38 and pullback in wave ((2)) ended at 143.54 because the 1 hour chart underneath presentations. Inner subdivision of wave ((2)) spread out as a zigzag construction. Down from wave ((1)), wave (A) ended at 148.7 and rally in wave (B) ended at 156.33. Wave (C) decrease subdivided into 5 waves impulse. Down from wave (B), wave 1 ended at 151.85 and wave 2 ended at 153.39. Inventory resumes decrease in wave 3 against 145.72 and wave 4 ended at 149.17. Ultimate leg wave 5 ended at 143.58 which finished wave (C) of ((2)) in upper stage.

AAPL 60 mins hour Elliott Wave chart


Inventory turns upper in wave ((3)) with interior subdivision as a 5 waves impulse. Up from wave ((2)), wave 1 ended at 147.87 and dips in wave 2 ended at 145.23. Inventory resumes upper once more in wave 3 against 153.49 and dips in wave 4 ended at 150.65. Ultimate leg wave 5 ended at 156.30 which finished wave (1). Inventory is now correcting cycle from 3.2.2023 low inside wave (2) with interior subdivision as a zigzag. Down from wave (1), wave A ended at 151.08. Be expecting the inventory to rally in wave B then turns decrease once more in wave C ahead of finishing wave (2) and resumes upper. So far as pivot at 143.58 low remains intact, be expecting dips to search out beef up in 3, 7, or 11 swing for additional upside.

AAPL 60 mins Elliott Wave video



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