Apple: More Room to Run

We still allow more room for Apple’s magenta wave (B) to extend upward before wave (C) takes over, pulling the stock toward the low of green wave [2]. Thereafter, green wave [3] should start (above $168) and initiate the next advance, lifting the stock toward resistance at $260.10. A break below $168, however, would activate our alternative scenario, in which blue wave alt.(IV) targets a deeper low (32% probability).

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