Subscription: Stocks of US companies

AAPL - could be approaching a tradeable top

My previous topping call for AAPL got proven wrong. The price keeps moving higher in an accelerated way. I am changing my count to find a better explanation of that structure.

APPL - 45 min chart updated at 10-20 AM on 1-10-2020

I can get a micro count suggesting that AAPL has a completed micro structure at least for subwave ( c ) of wave ( iii ) up and that means it can get a pullback in wave ( iv ) down. The minimum target for that wave ( iv ) down will be the low of previous pullback in a minor wave iv down of one degree lower at 292.75.

APPL - 45 min zoomed-in chart updated at 10-20 AM on 1-10-2020

Trading is risky. Read this important Disclaimer

Trading stocks, options, or futures carries a high level of risk, and may not be suitable for all investors. Before deciding to trade, you should carefully consider your objectives, financial situation, needs and level of experience. CastAway Trader LLC provides general overview of trading methods that does not take into account your objectives, financial situation or needs. The content of this website must not be construed as personal advice. The possibility exists that you could sustain a loss in excess of your deposited funds and therefore, you should not speculate with capital that you cannot afford to lose. You should be aware of all the risks associated with trading. You should seek advice from an independent financial advisor. Past performance is not necessarily indicative of future profits.

Previous Updates

No posts found.