(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.
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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.