AAPL: Buyers have Room for Another $15 Move!

AAPL: Buyers have Room for Another $15 Move!

25 April 2016, 13:23
AynGannRand
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10 Days ago, we wrote AAPL: Still Room to Go Up! and stated that it needed a move towards $117 – $120 to complete an intermediate 5-moves up from the lows. Apparently, buyers exhausted all their power to extend wave 3 more than 262% extension (normally 162%) and wave 4 needed to correct more than 23% of wave 3 (see chart below).

Currently, we have an A-B-C structure for wave 4 and it is exactly 38% of wave 3

AAPL 4H Chart – April 25, 2016

  

 This week, AAPL should ...Read More

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