According to the chart, prices have occurred in corrective formation X and started forming wave (Y). Wave (Y) is the final wave of a double three structure with seven waves. Wave C of wave (Y) is ongoing.
Currently, Prices are trading near wave (w). If AAPL breaks down wave A at 129.06, traders can short for the following targets: . Uptrend is only possible after the breakout of wave B of wave (Y).
There are two reversal zones:
1. Wave (Y) = Wave (W) at 122.23
2. Wave A = Wave C at 108.19.
I will update further information soon.
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