6 Nov 2020 ● 02:32 PM
Broadly this is what the Apple stock is trying to do from an Elliott Wave perspective. It is in a long term 5th wave over 2 decades and within that wave 5 to complete has 3 waves up to go [to be marked as 3-4-5]. Wave 4 just completed at 107. Wave 5 can attempt the upper end of the channel at 180 or higher. Remember this has to follow the rules of Elliott wave. For example wave 4 cannot enter the price territory of wave 1. This leads to extensions and an extended wave has 9 waves inside it where the 3rd wave itself subdivided into 1-2-3-4-5, Thus the 9 waves are marked as 1-2-1-2-3-4-3-4-5, which is 9 markings in the sequence.