>> AAPL Elliot Wave (Update 2)

- 240 is the target
- 2nd wave labeling could be invalidated if the market goes lower and brings down AAPL with it.
-AAPL quarterly results should be out in a few days, that should give further hints on probable direction (Updated as results out)

Update 2 (08-08)
- 2nd wave appears to be completed and third wave upmove seems to have begun.
- MACD, as well as price moving about 15, 100 & 200 day MA, and close to testing 45-day MA
- Possibility of a pullback, with a resumption in upmove.
- Worst case : 2nd wave still not over (small chance)

Update 1 (07/21):
- 2nd wave still in progress, AAPL results out today. More updates then.

Updates to continue.

Disclaimer : I am neither a professional trader, nor an expert in elliot. Take this analysis with a fistful of salt.