learnWithBurn

AAPL - 2023 idea

NASDAQ:AAPL   Apple

AAPL

Based on the current trends and information available, it appears that AAPL is in a corrective x wave uptrend. While there is always the possibility of unexpected changes in the market, the chances of this being the case are higher at the moment.

Looking ahead, it is expected that there will be a last z wave correction before the flat 2022 - 2023 correction. Once this occurs, it is anticipated that weekly wave 4 will be complete.

Overall, it is important to continue to monitor the market closely and make adjustments as needed based on any new information that becomes available.


There is an alternative (grey). The alternative would be that we have already completed the correction and therefore we are already in the new wave 1 and a new uptrend. But it doesn't look like a proper wave 1 right now, therefore I do only see 30% chance of this pattern.


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