AAPL to 360 in a Elliott Wave 3 BREAKOUT! (CHART)

AAPL, the tech giant that needs no introduction, has broken a new all-time high, setting up what could be a strong Wave 3 in the company's stock price. According to Ted Aguhob, a master Elliottician, if AAPL's Wave 3 is as strong as its Wave 1, then it could travel as high as 350-360 minimum if it's 1.618 X W1 (fibonacci) in a W3.

First of all, let's take a closer look at what all of these terms mean. The Elliott Wave Theory is a form of technical analysis that traders use to analyze financial market cycles and forecast market trends. The theory is named after its founder, Ralph Nelson Elliott, who believed that market prices follow a repetitive pattern of waves. These waves are divided into two categories: impulsive waves and corrective waves. Impulsive waves are made up of five smaller waves, while corrective waves are made up of three waves.

Now, let's turn our attention to AAPL and its current position in the market. The company's stock price has been soaring in recent months, and in June of 2023, it broke a new all-time high. This is a significant development, as it indicates that investors are continuing to have confidence in the company's long-term prospects. If Ted Aguhob's analysis is correct, then this new high could represent the beginning of a strong Wave 3 for AAPL.

According to Aguhob, Wave 3 is usually the strongest and longest of the five waves in an impulsive wave pattern. In AAPL's case, if Wave 3 is as strong as its Wave 1, then it could travel as high as 350-360 minimum if it's fibonacci 1.618 X W1 in a W3. This is an exciting prospect for investors, as it suggests that there could be significant upside potential for AAPL's stock price in the coming months.

Of course, it's worth noting that no analysis is perfect, and there's always the risk of unexpected developments that could impact AAPL's stock price in unpredictable ways. However, for traders who believe in the power of the Elliott Wave Theory, Aguhob's analysis provides a compelling argument for why AAPL could continue to soar in the months and years ahead.

In conclusion, AAPL's recent all-time high could be the beginning of a strong Wave 3, according to the analysis of master Elliottician Ted Aguhob. If this analysis is correct, then AAPL's stock price could potentially travel as high as 350-360 minimum if it's 1.618 Fibonacci X W1 in a W3. Of course, nothing is guaranteed in the market, but for investors who believe in the power of technical analysis, this could be an exciting opportunity to capitalize on AAPL's long-term potential.