Solid News

Apple Inc., Elliot Wave Analysis

12/12/2022 10:18 AM

Growth is possible.

On the daily chart, the third wave of the higher level 3 formed, a downward correction ended as the fourth wave 4, and the fifth wave 5 develops. Now, the first entry wave of the lower level (1) of 5 has formed, a local correction has ended as the wave (2) of 5, and the third wave (3) of 5 has started to develop, within which the correctional wave 2 of (3) has ended. If the assumption is correct, the asset will grow within the wave 3 of (3) to the area of 176.32–183.14. In this scenario, critical stop loss level is 134.30.

Solid ECN Securities and it affiliates don't accept applications from Indonesia, Egypt, Australia, Bonaire, Curaçao, East Timor, Liberia, Saipan, Russia, Sint Eustatius, Tahiti, Turkey, Guinea-Bissau, South Sudan and other restricted countries.
Copyright All Right Reserved 2023