There is a wolfe wave setup on the 78 min time frame. Keep in mind that there is no official BUY Entry that triggered. The projected target is calculated by extending a linear line between pivot 1 and 4 and projecting the line. This is represented as the green perforated line, as shown in the chart. The projected target is 230 which coincides with the 6 day ma. The ETA , May 23, 2023, is defined by identifying the apex of the wolfe wave and projecting a vertical line toward the green perforated projection line which is the line that extends from left to right. If aapl fails to rally back above the 6 day ma $140, then expect more weakness to follow thru for another 52wk low attempt.
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