AAPL after such a severe and long ass correction, it is forming the most POW-
ERFUL Wave 2 long term correction move there is. If you read earlier chapters
about the power of the Wave 2 cup and handle you will notice that almost every
time this formation occurs it hits the FULL 1.618 X W1 Wave 3 target. No differ-
ent for AAPL’s 5 year chart. The roundness of the cup formation after a non-
zigzag correction further confirms that it might be entering a very large upward 3.
Conservative target if 1.618 X Wave 1 from 80 to 705 from the March 2009 low,
would be as high as 1398.30. That would be 1.618 X the first wave. I actually
have done two big things with AAPL this year. I called almost the EXACT low in
a youtube video a month before it formed...I stated “AAPL would be a great buy
for the long term under 400 or 385-390..” (not precise words but pretty close)
AND..this same target and bottom low was mentioned on the FRONT PAGE of
TheStreet.com in March 2013...I ALSO stated a target of 1600 by year end
2014..I will not adjust this target based on the confirmed Wave 2 low of 387 to
1398.30 as year end 2015 (NOT 2014) target. Apple loves me =)