There is a weekly wolfe wave setup that triggered on January 09,2023 for aapl. This setup is a long term setup with a 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 short term target is 200. Projected targets are defined by identifying the apex of the wolfe wave and projecting a vertical line toward the green perforated projection tgt which is extending from left to right. For this wolfe wave weekly setup, an apex does not exist; therefore a projected target cannot be calculated at this time.
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