AAPL: still in minor 4 or already in minute ii of minor 5

Like the market, AAPL (and many other stocks for that matter) have gone sideways for an extended period of time. Often this means consolidation for the next leg up, in a bull market that is. Vice versa in a bear. Given that AAPL is in a bull, it’s the former. If our count is correct, then…

GRPO reaching ideal wave ii/b retrace target zone

We’ve been tracking GPRO to the T, as it nailed our preferred target zone perfectly and then followed through with the expected retrace. The ideal retrace level is between $46 and $52, with a sweet spot of $51-$49. Price isn’t there just yet, and the daily TIs (not shown) do want to see lower prices…