Apple - Correction from 134.54 is headed towards 55.01

Apple - Correction from 134.54 is headed towards 55.01

Apple - Correction from 134.54 is headed towards 55.01 

Already on April 29 - 2015 I called the top at 134.54 and said then, that a decline to the previous low of 55.01 was to be expected (you can see that post here) and on August 4 - 2015 I said that the top at 134.54 was confirmed and a corrective decline to 55.01 should be expected (you can see that post here). 

Well the correction from 134.54 is well under way, and it should just be a matter of time before support at 89.47 is broken for the next decline to 67.40 and then 55.01. 

Short term, resistance is seen at 94.66. This resistance is expected to protect the upside for the break below 89.47 for the next wave lower to 67.40 and 55.01. 

 

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Felipe
2014-05-26
Hi,

I recently tried a 30 day membership and I am very happy with the service. Pls keep up the great work!!! I will continue renewing!!

Felipe
Roelant
2016-06-26
Hi Elliotwavesurfer,

Your forecast of the EURUSD waves and reversals on Brexit day were spot on! This was not chaos, the crowd followed a pattern!

GBPUSD was abolutely 100% too!Unbelievably accu...
Duane
2014-05-26
Great job this week!! Wish that I had more capital to capitalize on all of your great calls! The ones that I have managed to catch have been extremely profitable. I really appreciate you sharing you v...