Apple Inc. (AAPL) – US stocks technical analysis [Video]

Peter Mathers TradingLounge

Apple Inc. (AAPL) – In-depth Elliott Wave analysis

Function: Counter Trend.
Mode: Corrective.
Structure: ZigZag.
Position: Wave {c} of A.
Direction: Completing wave A.
Details: This conservative long-term count expects Intermediate wave (4), which may reach the 2021 lows. Another leg lower is expected to complete the initial three-wave move in wave A of (4), suggesting the bottom in wave A is nearing.

Apple Inc. (AAPL) – Elliott Wave analysis

Function: Counter Trend.
Mode: Corrective.
Structure: ZigZag.
Position: Wave (iv) of {c}.
Direction: Further downside.
Details: A three-wave move into wave (iv) appears near completion. We anticipate continued decline in wave (v) of {c}.

Apple Inc. (AAPL) – Brief Elliott Wave analysis

Apple is currently in a corrective phase, labeled as wave {c} of A, part of a broader Intermediate wave (4). The daily chart reflects a conservative outlook, anticipating further downside to potentially revisit the 2021 lows. A final leg lower is expected to complete the three-wave structure of wave A.

On the 1-hour chart, wave (iv) of {c} appears near completion, with an additional decline in wave (v) anticipated soon. Both timeframes suggest short-term bearish momentum before a potential longer-term reversal.

Apple Inc. (AAPL) – US stocks technical analysis [Video]

Author

Peter Mathers

TradingLounge

Peter Mathers started actively trading in 1982. He began his career at Hoei and Shoin, a Japanese futures trading company.

Markets move fast. We move first.

Orange Juice Newsletter brings you expert driven insights - not headlines. Every day on your inbox.

Editor's Picks

EUR/USD ticks lower following the release of FOMC Minutes

The US Dollar found some near-term demand following the release of the FOMC meeting minutes, with the EUR/USD pair currently piercing the 1.1750 threshold. The document showed officials are still willing to trim interest rates. Meanwhile, thinned holiday trading keeps major pairs confined to familiar levels.

GBP/USD remains sub- 1.3500, remains in the red

The GBP/USD lost traction early in the American session, maintaining the sour tone and trading around 1.3460 following the release of the FOMC meeting minutes. Trading conditions remain thin ahead of the New Year holiday, limiting the pair's volatility.

Gold stable above $4,350 as the year comes to an end

Gold price got to recover some modest ground on Tuesday, holding on to intraday gains and changing hands at $4,360 a troy ounce in the American afternoon. The bright metal showed no reaction to the release of the FOMC December meeting minutes.

Ethereum: ETH holds above $2,900 despite rising selling activity

Ethereum (ETH) held the $2,900 level despite seeing increased selling pressure over the past week. The Exchange Netflow metric showed deposits outweighed withdrawals by about 400K ETH. The high value suggests rising selling activity amid the holiday season.

Economic outlook 2026-2027 in advanced countries: Solidity test

After a year marked by global economic resilience and ending on a note of optimism, 2026 looks promising and could be a year of solid economic performance. In our baseline scenario, we expect most of the supportive factors at work in 2025 to continue to play a role in 2026.

Crypto market outlook for 2026

Year 2025 was volatile, as crypto often is. Among positive catalysts were favourable regulatory changes in the U.S., rise of Digital Asset Treasuries (DAT), adoption of AI and tokenization of Real-World-Assets (RWA).