As we can see in the above weekly charter, Apple(AAPL) is doing a correction in wave (C) in black to complete the wave II in red. The wave (C) will be done in wave 5 in blue.
- ALERT: We expect Smart Buyers will appear around $140~142
- Apple(AAPL) has a strong correlation with NASDAQ and this also shows the similar structure. We need to continue following this correlation.