Elliott Wave Analysis of Apple Inc. (AAPL) by Sid from ElliottWavePredictions.com

Sid Norris
 In Blog, Individual Stocks

Elliott Wave Analysis of Apple Inc. (AAPL) by Sid from ElliottWavePredictions.com.  Click on the charts twice to enlarge.

Here are my long, intermediate, and short-term Elliott Wave counts on Apple.  Explanations of each degree of trend are on the charts.  The bottom line:  I have a short-term upside target of 519-523 for APPL, after which, I’m a bear.

***** Note added the next morning (9-11-13): AAPL gapped down big-time at the open today. Re-examination of the 60 minute chart allows for the probability that pink wave 5 ended in truncation on
August 9 at 507.92 after carving out a small ending expanding diagonal.

AAPL monthly 9-10-13

AAPL weekly 9-10-13

AAPL daily 9-10-13

AAPL 240m 9-10-13

AAPL 60m 9-10-13

Sid
http://elliottwavepre.wpengine.com

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