AAPL recently started a new wave extension last week after wrapping up a correction earlier in the week.
Wave 1 was (437 to 463) and wave 3 could easily get up to 161 Fib at $480. That's our target.
Stop failure at the 61.8 retracement support at $453.50
Wave 1 was (437 to 463) and wave 3 could easily get up to 161 Fib at $480. That's our target.
Stop failure at the 61.8 retracement support at $453.50
Trade closed: stop reached:
Looks like AAPL is out of steam. Couldn't get past resistance at 463.