The Elliott wave principle is a form of technical analysis that some traders use to analyze financial market cycles and forecast market trends by identifying extremes. Apple shares have moved through all 5 wave phases of Elliott's Waves.
We are now in the corrective A-B-C backside of the 5 wave bullish cycle. Apple's tsunami bubble has popped.
We are now in the corrective A-B-C backside of the 5 wave bullish cycle. Apple's tsunami bubble has popped.