Saturday, June 9, 2012

12:00PM, AAPL EW

(Green Apple)  We're in the midst of an impulse UP.  The overall UP move will contain 3 or 5 waves, the former in the case of continued consolidation, the latter in the case of breaking into a new range.  More later on what it all means and how to estimate potential targets. 

AAPL Daily Chart as of 06-09-12

Remember, I'm still learning EW, so I'm not entirely certain my wave counts are correct, especially with AAPL-EW guru Mace missing-in-action at the moment.