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TECH Buy 09.12.2019 08:26

Apple Inc.: wave analysis

The trend is upward.

On the 4-hour chart, the fifth wave of the higher level (5) develops, within which the wave 3 of (5) forms. Now, the third wave of the lower level iii of 3 is developing, within which a local correction has formed as the wave (iv) of iii. If the assumption is correct, the price will grow to the levels of 285.00–300.00. In this scenario, critical stop loss level is 256.22.

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