Wrong turn! Although we expect the Apple stock to drop further into the grey target zone between $126.62 and $109.22, our little friend chose a detour in the opposite direction and is heading North. Imminently, the stock should get back on track and finish off the grey superior wave IV, before getting to rise up North for good. Since the course already completed all requirements and hit the grey zone, there's a slight change that the upwards trend might continue, without turning back down to fulfill the grey wave IV.
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📊 Free daily market insights combining macro + Elliott Wave analysis
🚀 Spot trends early with momentum, sentiment & price structure
🌐 Join thousands trading smarter - full free analyses at dailymarketupdate.com
🚀 Spot trends early with momentum, sentiment & price structure
🌐 Join thousands trading smarter - full free analyses at dailymarketupdate.com
Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.