by Lara | May 10, 2013 | Apple
Last analysis expected upwards movement for Apple. Price moved a little lower and mostly sideways over the last three days, but remains above the invalidation point on the hourly chart (although this really is too far away to be useful). A breach of the parallel...
by Lara | May 9, 2013 | Gold
Last week’s analysis of gold expected downwards movement. We have seen some downwards movement, but before price moved lower a breach of 1,485.49 invalidated the hourly wave count. Price remains below the invalidation point on the daily wave count. I have...
by Lara | May 8, 2013 | US Oil |
Last analysis expected to see downwards movement after the channel drawn on the hourly chart was breached. The channel was breached, but thereafter price moved to a new high as a fourth wave correction continued deeper. This week the structure of this fourth wave is...
by Lara | May 7, 2013 | Apple |
Last analysis expected upwards movement from Apple which is what we have seen. The target remains at 518.48 and has not yet been reached. I expect more upwards movement. Click on the charts below to enlarge. This wave count expects a five wave impulse for a cycle...
by Lara | May 2, 2013 | Apple |
Last analysis expected downwards movement from AAPL, but this is not what happened. Upwards movement has moved above the invalidation point on the hourly and daily charts. The wave count has been reanalysed. This upwards movement is a correction of a larger degree. It...
by Lara | May 2, 2013 | Gold
Last week’s analysis expected price to continue to rise to a short term target at 1,451. Price did move higher but has exceeded the target by $34.49. The channel on the hourly chart has remained very useful. While price continued higher it remained within the...
by Lara | May 1, 2013 | US Oil
Further strong upwards movement invalidated the main wave count. This upwards movement cannot be a fourth wave of an impulse because it has entered first wave price territory. It must be a second wave correction, or the structure is a diagonal and not an impulse. The...
by Lara | Apr 30, 2013 | Apple
My last AAPL analysis had three hourly wave counts. Price movement above 415.25 invalidated the first hourly wave count indicating further upwards movement for the second hourly wave count should be expected. Further movement above 426.40 invalidated the second hourly...
by Lara | Apr 26, 2013 | Apple
Last analysis expected upwards movement to a target about 405 in the first instance. If price continued higher through this first target the next expectation was about 417.79. The correction may have ended 2.54 short of the higher, less likely target. I can now...
