$AAPL TOP 20
Added 2023-08-29 18:48:28 +0000 UTCAs we stand right now, this set up right here concerns me.
Since $AAPLs bounce at $172, it has moved exactly up in 3 perfect waves, this is what we expect to see exactly on a Wave B bounce, before going lower to complete Wave C and of Wave 4.
We need $AAPL to lead the market and break out of this 3 waves, firstly, it needs to go above the 200 Day MA
It also needs to pull back for a 4th wave and then go higher again and this will break the 3 waves movement and we can then confirm that Wave 4 is complete, until this is clear, the market can not say for certain that this August pull back is over.
I will be watching this very closely.
Comments
2 questions: 1) are motive (numbered) waves different than corrective (letter) waves? The chart you shared last week suggests they are but your post suggests they are one and the same. 2) Why does this set up concern you because the rest of your post suggests everything is moving according to plan?
Eric Gammarino
2023-08-29 19:50:31 +0000 UTCNice move brother!
Gareth Neary
2023-08-29 19:37:36 +0000 UTCOpened a new position on APPLE at 179 with your buy alert, very pleased of its movements so far and strong believer in this company despite the capitalization. Thank you for the updates!
Federico Salerno
2023-08-29 19:17:00 +0000 UTC
