Apple is coming down from 2022 highs, but drop is in seven swings so can be a corrective move that is now coming down into interesting support at $110-$120.
Notice that the current leg down from $150 is coming from a triangle, so a correction can be in late stages as triangles occur prior to the final leg of a higher degree structure.
A bounce in impulsive fashion back to 140 or higher would be signal for a bullish turn.
Notice that the current leg down from $150 is coming from a triangle, so a correction can be in late stages as triangles occur prior to the final leg of a higher degree structure.
A bounce in impulsive fashion back to 140 or higher would be signal for a bullish turn.
Nota
Apple is bouncing from projected support and considering sharp reversal up with broken channel resistance line, seems like complex correction from the highs is completed. So, be aware of more gains in upcoming weeks, just watch out for temporary pullbacks.Nota
Updated 
Get the full Elliott Wave count at WaveTraders, €20 first month >> @ wavetraders.com/
Learn Elliott Waves Sale-65%
👉 wavetraders.com/academy/
Newsletter
👉 bit.ly/3FVPVzO
Learn Elliott Waves Sale-65%
👉 wavetraders.com/academy/
Newsletter
👉 bit.ly/3FVPVzO
Publicaciones relacionadas
Exención de responsabilidad
La información y las publicaciones no constituyen, ni deben considerarse como, asesoramiento o recomendaciones financieras, de inversión, de trading u otro tipo, proporcionadas o respaldadas por TradingView. Obtenga más información en Condiciones de uso.
Get the full Elliott Wave count at WaveTraders, €20 first month >> @ wavetraders.com/
Learn Elliott Waves Sale-65%
👉 wavetraders.com/academy/
Newsletter
👉 bit.ly/3FVPVzO
Learn Elliott Waves Sale-65%
👉 wavetraders.com/academy/
Newsletter
👉 bit.ly/3FVPVzO
Publicaciones relacionadas
Exención de responsabilidad
La información y las publicaciones no constituyen, ni deben considerarse como, asesoramiento o recomendaciones financieras, de inversión, de trading u otro tipo, proporcionadas o respaldadas por TradingView. Obtenga más información en Condiciones de uso.