AAPL Daily Chart Update June 5, 2009
The 145.97 target was met June 5th. This has been a successful example of time and price confluence which I originally learned from a book written by Constance Brown. This book is titled "Technical Analysis for the Trading Professional". The second factor included in the analysis is the Elliott Wave formation. If the count and Fibonacci projection are actually "reactive" then we should see progressively lower price action for the week ahead.
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