Jump to content

Apple Inc.(AAPL:NASDAQ) Elliott Wave Technical Analysis 12 December 23


Recommended Posts

Apple Inc., Elliott Wave Technical Analysis

Apple Inc., (AAPL:NASDAQ): 4h Chart 12 December 23

AAPL Stock Market Analysis: We have been looking t the entire move up from the Oct 26th low as a potential wave (i) and we now seem to be into wave i of (iii). We are looking for an alternate count where we have wave (i) in place with the Dec 8th top to now enter a larger correction into wave (ii).  

AAPL Elliott Wave Count: Wave (iii) of {i}.

AAPL Technical Indicators: Above all averages.

AAPL Trading Strategy: Looking for longs on a classic Trading Level off 195$.  

TradingLounge Analyst: Alessio Barretta

 

 

893633cbf946c9192fbfdcc2651118a2

 

 

 

Apple Inc., AAPL: 1-hour Chart 12 December 23

Apple Inc., Elliott Wave Technical Analysis AAPL Stock Market Analysis: Looking for a potential leading diagonal in wave I, which as discussed on the higher timeframe could actually be an ending diagonal in wave v of (i). Looking for a break of 195 to confirm further upside.  

AAPL Elliott Wave count:  Wave ii of (iii).

AAPL Technical Indicators: Below 20EMA.

AAPL Trading Strategy: Looking for longs on a classic Trading Level off 195$.

 

b2dc39f8ab31e098f0d0dbb4e954559e

 

Link to comment

Create an account or sign in to comment

You need to be a member in order to leave a comment

Create an account

Sign up for a new account in our community. It's easy!

Register a new account

Sign in

Already have an account? Sign in here.

Sign In Now
  • image.png

  • Posts

    • Join the BYDFi Demo Trade Profit Posting and grab your chance to share in a 10,000 USDT prize pool!  Show off your trading skills, post your profits, and let's see who comes out on top! Don't miss out on this chance to win big! 🎉
    • The #meme hype surrounding #Solana may have slowed down with the emergence of the Ton network, but it seems that the enthusiasm for Solana is not fading away entirely. While new networks like Ton are gaining attention, Solana has previously generated significant interest and wealth for investors. However, there are concerns about scammers exploiting the Solana network with various honeypot and rugpull schemes, leading some traders to explore other chains like Base and Ton. Despite the rise of Ton blockchain, a new Solana meme project associated with Pepe the Frog has started to gain traction. One such project, LandWolf, has already amassed over 5,000 active Telegram members and 5,000 Twitter followers, indicating early interest and community engagement. The project aims to unite Pepe fans with the broader crypto community, offering a unique value proposition. LandWolf's ability to secure listings on top-tier exchanges like Bitget showcases the developer's influence and the project's potential. Some enthusiasts have already dubbed $WOLF as the biggest meme coin on Solana, highlighting the ongoing interest and excitement within the Solana ecosystem.
    • Meme coins are cryptocurrencies inspired by internet jokes, like Dogecoin. They're inherently risky due to their extreme price swings. While some meme coins remain purely for fun, others are trying to develop actual uses in gaming or finance. These high-risk, high-reward investments often attract "degenerates" (or "degens") who chase quick profits by jumping into unproven projects without much research.   The potential for massive returns with meme coins can't be ignored, however. Dogecoin's 9800% surge in 2021 exemplifies this. A $100 investment could have turned into a life-changing $9800. This experience highlights the potential regret of focusing solely on "safe" investments with lower potential returns.   Taking inspiration from this, some experienced investors are now allocating a small portion of their portfolio to latest meme coins.one of the latest is Miggles listed on Bitget. This strategy allows them to potentially benefit from future bull runs while limiting their overall risk.
×
×
  • Create New...
us