Report
Daud Bhatti

Apple Inc. ($AAPL) Found Buyers at the Blue Box Area as Expected.

 

$AAPL 1H Elliott Wave Chart 12.17.2023:

Here is the 1H Elliott Wave count from 12.17.2023. We expected the pullback to find buyers from the blue box area at red 4 in a 3 swing structure (ABC) at 195.31 – 193.16.

$AAPL 1H Elliott Wave Chart 12.20.2023:

Here is the 1H update few days later, showing the bounce taking place as expected. The stock reacted higher after reaching the blue box area allowing longs to get a risk free position.

 

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Source:-forecast.com/stock-market/apple-aapl-found-buyers-blue-box-area/

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Daud Bhatti

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