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Sunday, November 11, 2012

$AAPL: "Big picture", EW count and forecast. 20 years, monthly chart.

We have been calling for a big (huge) retrace for AAPL, since last months of 2011. Last months price moves, has made us to think primary wave 3 of cycle 1 is on place. Our EW count show us that, we are on a big (huge) retrace as a primary wave 4,down. Target of this retrace could be 270, IF we are right.

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