AAPL D1,
Apple stock. For those that fancy stocks here is one to keep an eye on.
We anticipate the corrective structure to be a zigzag (clue from the five minor waves of wave A). Therefore, the end of wave C shall be 100% of wave A.
Pro tip.
🔹A zigzag is a corrective structure comprising of three waves. Wave A, B and C
🔹Wave A is impulsive comprising of five internal waves
🔹Wave B is corrective and can be any corrective structure. It is usually a 61.8% retracement of wave A.
🔹Wave C is impulsive comprising of five minor waves. It is usually a 100% extension of wave A, or rather equal to wave A.
Let's see how this pans out. (There is an alternative count to this set up)
Happy Trading.
Apple stock. For those that fancy stocks here is one to keep an eye on.
We anticipate the corrective structure to be a zigzag (clue from the five minor waves of wave A). Therefore, the end of wave C shall be 100% of wave A.
Pro tip.
🔹A zigzag is a corrective structure comprising of three waves. Wave A, B and C
🔹Wave A is impulsive comprising of five internal waves
🔹Wave B is corrective and can be any corrective structure. It is usually a 61.8% retracement of wave A.
🔹Wave C is impulsive comprising of five minor waves. It is usually a 100% extension of wave A, or rather equal to wave A.
Let's see how this pans out. (There is an alternative count to this set up)
Happy Trading.