Summary:
What's up traders?
Here I provide a
AAPL
analysis based on my knowledge about Elliott Wave.
The broken trendline and the price structure giving us an information that the corrective movement shall begin. This is good opportunity to take profit if you've already go long 3-5 months ago. Keep your cash (I suggest to keep 100%) and wait for the corrective wave ended where I expect it at 80-85 area, that's where we can find long position. The vertical line I provide is the expected end of wave c and the second vertical line is the best time for traders to take profit.
"you'll only miss 100% shots you never take" - Wayne Gretzky
Disclaimer: All of the information that provided is based on sources that we believe to be reliable, but they have no guarantees. Therefore, every effort is made to ensure that the content is accurate and complete. I have a very strict money management calculation and usually I trade with (max.) 5% risk per pair to ensure sustainability and equity endurance to make money in the futures market for a long-term period. Any profits or losses that occurred based on this analysis is your own responsibilities as a trader or an investor.
- a.
AAPL
is already reached the end of Wave 5
- b. A-B-C Correction just started and will likely keep the price lower
- c. As an investor I suggest you to wait until the corrective wave finished
What's up traders?
Here I provide a
AAPL
analysis based on my knowledge about Elliott Wave. The broken trendline and the price structure giving us an information that the corrective movement shall begin. This is good opportunity to take profit if you've already go long 3-5 months ago. Keep your cash (I suggest to keep 100%) and wait for the corrective wave ended where I expect it at 80-85 area, that's where we can find long position. The vertical line I provide is the expected end of wave c and the second vertical line is the best time for traders to take profit.
"you'll only miss 100% shots you never take" - Wayne Gretzky
Disclaimer: All of the information that provided is based on sources that we believe to be reliable, but they have no guarantees. Therefore, every effort is made to ensure that the content is accurate and complete. I have a very strict money management calculation and usually I trade with (max.) 5% risk per pair to ensure sustainability and equity endurance to make money in the futures market for a long-term period. Any profits or losses that occurred based on this analysis is your own responsibilities as a trader or an investor.