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    • AAPL Elliott Wave Analysis Trading Lounge Daily Chart, 28 February 24 Apple Inc., (AAPL) Daily Chart AAPL Elliott Wave Technical Analysis FUNCTION: Counter Trend MODE: Corrective STRUCTURE: Flat POSITION: Wave (c) of {ii}.   DIRECTION: Bottoming in wave {ii}.   DETAILS: Despite the fact we keep finding resistance on top of TL2 at 200$, the bullish count is still valid as, on the other hand, we keep finding support on top of the end of MG2 at 180$. We are looking for a end of wave (c) to then find additional confirmation higher. The safe trades stands after finding support on 200$.         AAPL Elliott Wave Analysis Trading Lounge 4Hr Chart, 28 February 24 Apple Inc., (AAPL) 4Hr Chart AAPL Elliott Wave Technical Analysis FUNCTION: Counter Trend MODE: Corrective STRUCTURE: Flat POSITION: Wave (c) of {ii}. DIRECTION: Bottoming in wave {ii}.   DETAILS: Here we take a look at an alternative count, with a triangle in wave (b) instead of a regular flat correction. Looking for either a short wave (c) in place, or else we are in substitute wave ii of (c). Welcome to our AAPL Elliott Wave Analysis Trading Lounge, your premier destination for comprehensive insights into Apple Inc. (AAPL) using Elliott Wave Technical Analysis. As of the Daily Chart on 28th February 2024, we explore significant trends shaping the market. *AAPL Elliott Wave Technical Analysis – Daily Chart* In terms of wave dynamics, we identify a counter trend function with a corrective structure, specifically a flat pattern. The current position is in Wave (c) of {ii}, indicating potential bottoming in wave {ii}. Despite encountering resistance at TL2 at $200, the bullish count remains valid as we consistently find support at the end of MG2 at $180. We anticipate the completion of wave (c) for additional confirmation higher, with a safe trade identified after finding support at $200. *AAPL Elliott Wave Technical Analysis – 4Hr Chart* Here, we explore an alternative count with a triangle pattern in wave (b) instead of a regular flat correction. The present position is in Wave (c) of {ii}, also suggesting bottoming in wave {ii}. We anticipate either a short wave (c) in place or substitute wave ii of (c) to unfold.    
    • An uneasy calm has settled over global markets as traders wait for new inflation data later this week, which will provide clues about the interest rate outlooks in the U.S. and Europe. While Asian markets were subdued overall, there were some bright spots. New Zealand's central bank signaled a slightly less aggressive stance on rate hikes, sparking a rally in bonds and a dip in the Kiwi dollar. South Korean shares continued their relentless February rally, lifted by AI enthusiasm and moves to boost shareholder returns. The main events this week will be the U.S. inflation report on Thursday and the eurozone numbers on Friday, which are expected to drive market direction in the coming days. For now, caution prevails, with European and U.S. futures pointing to a muted open.  
    • Dear @Thembouks, Welcome to IG and thank you for your post. This means that the stop was closer than the minimum required distance from the market. Please have a look at the minimum distance for the stop you are placing. Thanks, KoketsoIG
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