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