Apple Inc
Short

Elliott waves structure on APPLE

363
I suspect the 5th wave to not continue the uptrend because of this huge wave 3,

If this scenario is correct, we have a nice double-top with a divergence on the Money flow index,

Target @ next big support around 60$

Risk: 2%
Reward: 52.96%
R/R ratio: 26.48

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.