Apple down to 165$ in ABC move before a 12345 up long term
Is Apple in for a big downward move? If the current wave is an ABC from 12345 up (End 2018 to start May 2019), then we are probably in B of ABC down. Crossing Red line around blue arrow would make this analysis doubtful and at 200 level it would be improbable.
If it is correct we will see Apple at around 165 before meaningful bounce back.
On an even larger scale this ABC should be followed by one more 12345 up for a wave 5 coming near the level of wave 3 or beyond. After this one will be a collapse of Apple in an ABC from the 12345 started in the early 90's. But by then -around 2040-2060- the water of the oceans will have reached our front door. (Which would explain the crash).
If it is correct we will see Apple at around 165 before meaningful bounce back.
On an even larger scale this ABC should be followed by one more 12345 up for a wave 5 coming near the level of wave 3 or beyond. After this one will be a collapse of Apple in an ABC from the 12345 started in the early 90's. But by then -around 2040-2060- the water of the oceans will have reached our front door. (Which would explain the crash).
snapshot of the multi decade view