AAPL Elliott Wave Analysis Trading Lounge Daily Chart,Apple Inc., (AAPL) Daily Chart AAPL Elliott Wave Technical AnalysisFUNCTION: Trend MODE: Impulsive STRUCTURE: Motive POSITION: Wave {iii} of 3. DIRECTION: Upside in wave {iii}. DETAILS: Aggressive count to the upside with a double 1-2. As long as we keep trading above 200$ we can foresee further long term upside.
AAPL Elliott Wave Analysis Trading Lounge 1H Chart,Apple Inc., (AAPL) 1H Chart AAPL Elliott Wave Technical AnalysisFUNCTION: Trend MODE: Impulsive STRUCTURE: Motive POSITION: Wave (i) of {iii}. DIRECTION: Top in wave (i). DETAILS: Looking for one more leg higher towards 230$, the top of MinorGroup1, to then correct within wave (ii) of {iii}.
Welcome to our latest Elliott Wave analysis for Apple Inc. (AAPL). This report provides a detailed overview of AAPL’s price movements using Elliott Wave Theory, aiming to help traders identify potential opportunities based on the current wave structure. We will analyze both the daily and 1-hour charts to offer a comprehensive understanding of AAPL’s market behavior. *AAPL Elliott Wave Technical Analysis – Daily Chart* AAPL is currently in wave {iii} of 3, following an aggressive count that suggests a double 1-2 formation. As long as AAPL remains above the $200 level, further long-term upside is anticipated. This bullish scenario suggests that AAPL is poised to continue its upward trajectory, driven by strong momentum within wave {iii}. * AAPL Elliott Wave Technical Analysis – 1H Chart* The 1-hour chart suggests that AAPL is nearing the completion of wave (i) within the larger wave {iii}. We anticipate one more leg higher towards the $230 level, which aligns with the top of MinorGroup1. Following this, a corrective phase within wave (ii) of {iii} is expected. This correction could present a buying opportunity before the next leg higher.Technical Analyst: Alessio BarrettaMore By This Author:Unlocking ASX Trading Success: Rea Group Ltd – Tuesday, Aug. 27
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