Don't Buy AAPL in Short Term

Updated
As we can see in the above weekly charter, Apple(AAPL) is doing a correction in wave (C) in black to complete the wave II in red. The wave (C) will be done in wave 5 in blue.

- ALERT: We expect Smart Buyers will appear around $140~142
- Apple(AAPL) has a strong correlation with NASDAQ and this also shows the similar structure. We need to continue following this correlation.
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snapshot

Technical Information:

- As you can see in the chart AAPL is doing now a wave (1) in blue and we expect that it'll extend more lower
- DON'T BUY AAPL IN SHORT TERM

Technical Analysis:

- H1 Right Side is Turning Down
- H4 Right Side is Turning Up
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snapshot


Technical Analysis:

- As you can see in the chart, Apple is doing now a Diagonal finishing in the wave III in red
- Apple(AAPL) H4 structure is bullish and Right Side is Up
- H1 Right Side is Turning Up


Technical Information:

- As a swing trader, we don't like to buy in short term rather we like to buy in wave IV in red once completed
- As a position trader, we like to buy in wave (II) in blue once completed at around 1150
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