HY MARKETS News : Stocks Report: Apple Inc
May 7, 2014 11:50 amVideo
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Apple recently reached the buy target 600.00 that was set in our previous report for this company. The price has been rising strongly in the last few trading sessions – following the earlier breakout of the extended daily Triangle from December of last year.
The price just reversed down from 600.00 and might correct down for some time – before resuming the currently active 3rd intermediate impulse wave (3). Next buy targets stand at 620.00 and 640.00 (the height of the broken Triangle projected from the level of the breakout).
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