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 AAPL is either still in minor 4, with one lower low to come, or has already finished minor 4 and is now in minute ii, as minute I may have already finished. Namely, the move up off the “minor 4?” label to the “minute i?” label does count well as 5 waves up and so far price has not dropped below the “minor 4?” label. When that happens we can move that label and turn the “minute i?” label into a c-wave of a larger b-wave. Anticipate, monitor, adjust! IF price is in minute ii, which may have finished yesterday, then minor 5 should ideally target $145-$150.

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AAPL

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2 thoughts on “AAPL: still in minor 4 or already in minute ii of minor 5

  1. Pingback: AAPL update: bull flag forming!? Targeting | Intelligent Investing

  2. Pingback: AAPL update: bull flag forming!? Targeting $150s | Intelligent Investing

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