The first Elliott Wave chart shows why Apple is pausing here, at the 38.2% Fibonacci retracement level of the prior down move.
FORBES: Elliott Waves Point To Apple Turnaround On The Charts
As can be seen from the second chart above, Wave C went just a shade over a 100% measure of Wave A. We also got a second test of the low that held.
FORBES: Elliott Wave Analysis Of The 10-Year US Treasury Note
The chart shows that Wave C is probably in the middle of a minor third wave. which means we should get a small dip as wave 4 followed by another rally as wave 5.
The third chart looks at the fifth wave in detail.
FORBES: Best Buy May Soon Be A $20 Stock If Elliott Waves Are Right
Obligingly, Samsung have provided a handy comparison chart by shipping its first wave of Galaxy S III devices to the US with a dual-core Snapdragon S4 processor and internationally with a quad-core Samsung Exynos system-on-chip.
In the second chart, I have illustrated how wave 5 is equal to wave 1.
FORBES: Elliott Waves Point To Apple Turnaround On The Charts
Take a look at this first chart where I have posted Elliott Wave labels for you.
This chart clearly shows that a five wave movement has been completed at the recent lows of around 1267.
FORBES: Stock Market Rally Last Chance To Get Out Before Big Plunge
Donning my Elliott Wave hat, I took a quick look at the chart, and some interesting patterns showed up.
Let us take a look at the chart patterns for the movements from the 2012 highs, and see whether Elliott Wave analysis could give us some clues.
FORBES: Stock Market Rally Last Chance To Get Out Before Big Plunge
Instead, with the start of a second, more radical wave of reform in 1994, welfare numbers began to fall sharply (see chart).
The recovery from the 61.8% retracement level looks like another three-wave affair now, possibly a new ABC (shown in red color in the chart below).
应用推荐