Is Apple back to new highs?

Apple began a decline after the high at 233, ending with a low at 142 on January this year. A drop of approx. 39% in value in 4 months. In the chart we are analyzing the current wave as the corrective of the previous decline. This wave is moving inside the blue lines and looking for the attractor (blue area). These elements show us the high probability zone where should be finishing the corrective wave for an incomplete bearish sequence of higher degree. The bearish scenario is confirmed with the break of 149.96, opening the 1st (130 – 120) and 2nd attractor (97 – 63). The bulls are back above 212.

Check the forecast evolution

Apple stronger up, but is it a new bullish cycle? by TheFinancialForecast on

Back to Blog




Unlock a True Financial Success and Confidence in trading and investing

» The Financial Forecast Pro Plan helps Put YOU in Control of the Market’s Trends and Turns
» The Pro Plan is lead by one of the best market analyst in the world specialized in Elliott Waves and Forecasting Algorithms
» Follow the signals with entry price, stop loss and different levels of take profit in every outlook.
49.99€ > Buy our pro plan here