AAPL Update: Still standard moves

12 thg 1, 2024

Apple has been making a pretty standard corrective move to the downside since it topped. The B wave was a little shallow, but that's about the only outlier it has had since 14 Dec. So far, we have carved out a 3-wave structure for A of b. As labeled, I believe wave B is complete too, but we could always make another low for a more defined 3-wave move for B. I think we are currently carving out a 5-wave move higher leading up to the target box completing this C of b.

As explained in my Coinbase post tonight, this could end up being a 3-wave move or 5-wave move. I favor a 5-wave move as it is the more common of the two, but we won't know until we get more price action. Either way, we are slowly making our way up to my target box, and as of now I have no reason to believe we won't make it there.

I am off tomorrow and will be watching the markets for the most part. I do have to take my gma to an eye appointment though and then my sons actual B-day is tomorrow so after 2pm I will be busy celebrating with him. God bless you all, and may His grace and mercy guide you in all your endeavors!!

12 thg 1, 2024

Ghi chú

Apple still following along the predicted path towards my target box so far.

16 thg 1, 2024

Ghi chú

Seems like a deeper B. If this is the case then $192-$193 looks like a good spot for C of b to end. Alternatively this could have been a shallow b and we're headed down for c