Let us track Apple Inc.

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Old Jan 9, 2017, 10:44pm   #1
Joined Jan 2017
Let us track Apple Inc.

So, Apple Incorporated. We shall track it here for some time, because we shall not get bored, looking at AAPL.
So, what will wait us in the future ? Everyone could say here:"Future is unpredictable and not available for the mortals". Yes. Let us take a look.
Click the image to open in full size.
What do we see here ? Long high move up, with beginning - wave 1, the middle - wave 3 and the end - wave 5. Note, how nicely wave 4 divides all move into the golden ratio - the lowest is 0.382 of the whole move and the highest is 0.618 of the whole move. Even this chart is enough to say:"The move up since early 2000 is over". There will not be Apple's rise beyond its present top in the near future. Why ? Because five waves - 1-2-3-4-5 put together complete wave, wave up is over, now move down is unfolding. Right now we can say the target for Apple's fall - first big stop down, it is the end of wave 4. Price may reach this level, may stops above it, may overshoot it shortly, all variants are valid, we shall say more precisely later, when the next fall will start.
Now next chart.
Click the image to open in full size.
First move down - the same five waves. Wave 1 - the beginning, its correction - wave 2(expanded flat), decisive wave 3 - the middle, its correction - wave 4, and final thrust down - wave 5. These five waves compose first step down, marked with "A". Every step needs a rest, after every drop follows arise, and now Apple is rising. This arise is just a break before the next drop and we can place a good SELL position at the end of this break.
Now move up - the break after fall.It consists of three waves as every correction does - waves a-b-c(blue labels), but this form is called expanded flat correction. Look - first wave "a" has three waves, then goes wave b with the same three waves form and now runs wave c up. The same view has wave 2 in first move down. Note, how wave "b" falls beyond the start of wave "a", forming expanded flat surface. Wave "c" in expanded flat corrections tries to exceed wave "a" end, so will do currently running wave "c" up. Currently unfolding wave "c" will try to go beyond wave "a" end - above 123.82 or so. The end of wave "c" will be a good place to open SELL position on AAPL shares with a very low price target. Let us look at wave "c".
The same chart above, wave "c" is a final wave of wave "B"(blue labels), subwaves are marked with green. Wave "c" is a usual, clearly visible five waves impulse as it should be in flat corrections. We see wave 1 as a start, wave 3 as a middle and perhaps we can already see wave 5 - the last wave of wave "c". Note, we can divide wave 3 into subwaves, because it is the strongest part of wave "c". So, we shall track wave 5 of wave "c" to open a good SELL position. Follow our updates here.
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Old Jan 10, 2017, 10:44am   #2
 
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What about the 2016 Q4 report coming up in end of Jan? How would that affect the price?
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Old Jan 11, 2017, 8:34am   #3
Joined Jan 2017
Continue tracking

Freevar started this thread
Today is 11 january 2017, before NASDAQ bourse session.
Click the image to open in full size.
We are searching for the end of wave "B" to SELL Apple shares.
Chart above shows the last wave 5 of wave C, wave C is the last wave of correction B.
The main thing, that concerns us - wave C is ending, but target level has not reached yet. Wave C should go beyond wave A end - about 123.82 dollars. We keep on waiting for the ending thrust toward target level.
We research price in the past. Past governs the future. Price has already included all people's hopes and worries - past, present and future. Awated revenue report has already been included in Apple's share price. Waves count will not break, there may be price spike, price consolidation, price break-through, some wave may end, some wave may start, but all moves will fit into currently unfolding waves count.
Once again. Apple Inc. shares owners should consider current arise as a good place to SELL all their shares. Long and lasting drop is coming.

Last edited by Freevar; Jan 11, 2017 at 8:36am. Reason: syntax correction
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Old Jan 11, 2017, 10:35pm   #4
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According to the last Apple move we have made trading decision to SHORT AAPL shares. Time - 11 january 2017 20-15 GMT, at level 119.89 USD per 1 share.
Click the image to open in full size.
Price has not reached our target level - the end of wave "a", near 124 dollars. The last wave 5 of the last wave "c" shows all signs of end and looks complete. This way is valid, price has tried to reach the target, but failed, however wave "c" has climbed close enough.
Next possibility, that the last wave 5 of wave "c" is not over yet and we have seen its first part. In this case price will go on further and we shall track our position to avoid loss. In the case of big move up we just close open SHORT, wait for the last wave 5 to end itself and reopen SHORT once again. But we do think, that wave "c" is already over.
Wave B is ending, we shall keep our position open until the end of the big wave C down. First target is near 82 usd. We continue to track next Apple moves.
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Old Feb 2, 2017, 12:56pm   #5
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Our previous trading decision to SELL Apple Inc. has been done too early. Position has been closed by STOP loss. We have reopened our SELL once again 1 february at the price spike.
Click the image to open in full size.
Look, how good wave "c" lays down the waves channel, its fifth wave shortly overshoots the upper channel line. Wave "c" has push above wave "a" top, and the whole a-b-c correction can now be called "expanded flat surface". Expanded flat surface wave "b" is over, we wait for beginning of wave "c" down. SELL.

Last edited by Freevar; Feb 2, 2017 at 4:38pm.
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