SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Technology Stocks : Apple Inc. -- Ignore unavailable to you. Want to Upgrade?


To: Sam Scrutchins who wrote (17808)9/10/1998 11:59:00 PM
From: High Grader  Read Replies (2) | Respond to of 213177
 
Sam I have tweaked the ElWave but unfortunately can't post a chart as my web server is having another bout of whatever it is suffering from.

To me Apple is in a 1,2 1,2 pattern, with the second wave 2, which is minute degree, not yet over.

The 62% Fibonacci targets for this down wave is = 35.40 and the next after that is = 34.76.

I also get a Fibonacci time ratio that says the 11th may be a significant point in time where a turn could occur. In this case, the end of minute wave 2. Dates are often a day or two out, even when I calculate them properly, but are good to monitor.

After this correction turns up we should be in some combination of a minute wave three of a minor wave three which is an area to expect relatively strong up moves

So, even if Apple backs off a bit tomorrow,it is still satisfying the last analysis posted.

Anything below 30.6250 would mean this count is wrong and it would have to be recalculated.