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Friday, January 25, 2013

Elliott wave analysis of Apple


Apple

With the clear break below the 38.2% corrective target at 464.86 I will be looking for a continuation down to the 50% corrective target near 391.00 as the ideal target for this correction.
The target for the ongoing wave iii of C is at 407.49 and after a wave iv correction higher towards 464 we should see the final decline down to 391.00.

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