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AAPL Elliott Wave Analysis Trading Lounge Daily Chart, 11 March 2024Apple Inc., (AAPL) Daily ChartAAPL Elliott Wave Technical AnalysisFUNCTION: Counter TrendMODE: Corrective STRUCTURE: FlatPOSITION: Minor wave 2. DIRECTION: Completion of wave {c} of 2. DETAILS: We are looking at further downside in what could be a corrective wave 2, but we do not out rule the possibility of a larger degree correction with a top at 200$.
AAPL Elliott Wave Analysis Trading Lounge 4Hr Chart, 11 March 24Apple Inc., (AAPL) 4Hr ChartAAPL Elliott Wave Technical AnalysisFUNCTION: Counter TrendMODE: Corrective STRUCTURE: FlatPOSITION: Wave (iv) of {c}.DIRECTION: Completion of wave {c} of 2.DETAILS: Here we seem to be continuing lower in wave (v) as with Friday’s close we seem to have brought more seller in the market after stepping in the 173s. Looking for further downside towards the bottom of MG2 at 165$. 
Welcome to our AAPL Elliott Wave Analysis Trading Lounge, your ultimate destination for comprehensive insights into Apple Inc. (AAPL) using Elliott Wave Technical Analysis. Let’s dive into the market dynamics as of the Daily Chart on 11th March 2024.* AAPL Elliott Wave Technical Analysis – Daily Chart*In our analysis, we identify a counter trend function characterized by a corrective mode, featuring a flat structure. Positioned in Minor wave 2, our focus lies on the completion of wave {c} of 2. We anticipate further downside movement, potentially indicating a corrective wave 2. However, we also acknowledge the possibility of a larger degree correction, with a potential top around $200.*AAPL Elliott Wave Technical Analysis – 4Hr Chart*Here, we also observe a counter trend function marked by a corrective mode and a flat structure. Positioned in Wave (iv) of {c}, our attention is on the completion of wave {c} of 2. We note that Friday’s close has attracted more sellers into the market, particularly as the price dipped into the 173s. Anticipating further downside movement, our target lies towards the bottom of MG2 at $165.More By This Author:Elliott Wave Technical Analysis: Costco Wholesale Corp. – Friday, March 8
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