Elliott Wave deem: APPLE (AAPL) continue rally in bullish sequence
Quick Timeframe Elliott Wave deem in APPLE (AAPL) means that rally from 8.05.2024 low is incomplete & could presumably presumably restful continue upside because the section of day-to-day bullish sequence. It’s miles exhibiting 3 swing greater since August-2024 low & seek knowledge from more upside against 11.04.2024 low. It ended (1) at $237.49 high as diagonal & (2) correction at $219.71 low. Inside (1), it placed 1 at $232.92 high, 2 at $213.92 low, 3 at $233.09 high, 4 at $221.14 low & in the kill 5 ended at $237.49 high as (1). Inside (2) correction, it placed A at $227.30 low, B at $234.73 high & C at $219.71 low shut to 0.382 Fibonacci retracement of (1). Above (2) low, it favors upside in (3) of ((1)) & can extend in direction of $261.29 or greater ranges sooner than most famous pullback could presumably presumably considered.
APPLE (AAPL) 45 minutes Elliott Wave chart
Above $219.71 low, it placed 1 of (3) at $230.16 high, 2 at $225.71 low & favors upside in 3 of (3). Inside 3, it placed ((i)) at $235.65 high, ((ii)) at 233.26 low & ((iii)) at $250.80 high as extended wave. Quick term, it favors upside in ((v)), if ended ((iv)) at $246.02 low, which already reached between 0.236 – 0.382 Fibonacci retracement space of ((iii)). It needs designate separation to verify the deem of additional upside. Alternatively, if it extends decrease from present level, it can presumably well either extend ((iv)) or 4 pullback in (3) as talked about in video. But in either the case, it can presumably presumably restful extend greater to enact sequence started from 11.04.2024 low as (3). We own to rating the pullback in 3, 7 or 11 swings at indecent areas, when reached. It expects more upside in direction of $261.29 or greater ranges, whereas dips dwell above 11.04.2024 low.
AAPL Elliott Wave [Video]
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