Apple Inc. (AAPL) – US stocks technical analysis [Video]

Apple Inc. (AAPL) – In-depth Elliott Wave analysis

  • Function: Counter Trend.

  • Mode: Corrective.

  • Structure: ZigZag.

  • Position: Wave {c} of A.

  • Direction: Completing wave A.

  • Details: This conservative long-term count expects Intermediate wave (4), which may reach the 2021 lows. Another leg lower is expected to complete the initial three-wave move in wave A of (4), suggesting the bottom in wave A is nearing.

Apple Inc. (AAPL) – Elliott Wave analysis

  • Function: Counter Trend.

  • Mode: Corrective.

  • Structure: ZigZag.

  • Position: Wave (iv) of {c}.

  • Direction: Further downside.

  • Details: A three-wave move into wave (iv) appears near completion. We anticipate continued decline in wave (v) of {c}.

Apple Inc. (AAPL) – Brief Elliott Wave analysis

Apple is currently in a corrective phase, labeled as wave {c} of A, part of a broader Intermediate wave (4). The daily chart reflects a conservative outlook, anticipating further downside to potentially revisit the 2021 lows. A final leg lower is expected to complete the three-wave structure of wave A.

On the 1-hour chart, wave (iv) of {c} appears near completion, with an additional decline in wave (v) anticipated soon. Both timeframes suggest short-term bearish momentum before a potential longer-term reversal.

Apple Inc. (AAPL) – US stocks technical analysis [Video]

Source: https://www.fxstreet.com/news/apple-inc-aapl-us-stocks-technical-analysis-video-202503250834