Apple IncUpdated AAPL Update: 01/18/2024
In my last post I alluded to the fact the B wave may not be done. Looks as if it had OML to give us before raising for wave C of b. It appears as if C started yesterday, and we are now on our way up to finish b. Due to how low the B wave dropped though; it creates the possibility price could carve out a flat abc pattern. For this reason, I have extended the target box down to the 0.382 fib retracement. We should at minimum tag the 1.0 @ $188.22. Past there and the 1.382 extension & the 0.618 retracement starts to come into view. If price follows this path, then we will next dop to the low $170's at the minimum but will most likely drop even further than that. That will depend on how high we raise here for this b wave. Remember, this is all just the first sub-division of the minor A wave. Our sub-divisions will continue to grow larger and larger until the final C-wave that will end up being a crash type scenario. Granted this will take years to come to fruition, but if this is the correct count, it's not a matter of if but when.
Note
We're entering into the target box now.
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Bonam Fortunam,
--Tyler
Bonam Fortunam,
--Tyler
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Go to ewtdaily.com for DETAILED DAILY UPDATES on 27 unique tickers and a daily zoom call with members to discuss latest analysis and get a 7-day FREE trial
Bonam Fortunam,
--Tyler
Bonam Fortunam,
--Tyler
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.