Apple Wave Analysis – 15 May, 2020
May 15, 2020 @ 17:51 +03:00
• Apple reversed from support area
• Likely to rise to 320,00
Apple today reversed up from the support area lying between the support level 302.00 (former strong resistance from the start of March) and the 38.2% Fibonacci correction of the previous upward impulse (i) from April.
The upward reversal form this support area continues the active impulse waves 3 and (C).
Apple is likely to rise further toward the next resistance level 320,00 (which stopped the previous impulse wave (i)).