|

Apple Elliott Wave view: Final leg of June 15 impulse rally before corrective decline [Video]

Apple (AAPL) continues to extend its advance, breaking to new all‑time highs in a powerful impulsive structure. The short‑term cycle from the June 26, 2026 low remains in progress and is unfolding as a clear five‑wave rally. From that low, wave 1 ended at $288.37, followed by a corrective pullback in wave 2 that completed at $279.85. The stock then resumed higher in wave 3, reaching $315.93, before a modest retracement in wave 4 concluded at $306.95, as reflected in the thirty‑minute chart.

Wave 5 is now in progress, developing with internal subdivision into another five waves. From the wave 4 low, wave ((i)) advanced to $323.45, while the subsequent pullback in wave ((ii)) ended at $311.91. The stock has since resumed higher within wave ((iii)), reinforcing the bullish sequence. As long as the pivot at $306.95 remains intact, the near‑term expectation is for dips to continue finding support. These corrective phases are likely to unfold in 3, 7, or 11 swings, providing opportunities for further upside before the five‑wave rally from the June 26 low reaches completion.

Once the current impulsive cycle concludes, attention will shift toward a larger corrective phase. The anticipated three‑wave pullback should serve to correct the advance from the June 26 low, offering a broader reset in the structure. This outlook highlights both the strength of the ongoing rally and the importance of monitoring key pivots to confirm continuation before the larger correction unfolds.

Apple 30-minute Elliott Wave chart

Apple Elliott Wave Video:

Youtube preview

Author

Elliott Wave Forecast Team

Elliott Wave Forecast Team

ElliottWave-Forecast.com

More from Elliott Wave Forecast Team
Share:

Editor's Picks

Mild correction in Bitcoin – HYPE, TIA extend losses
Bitcoin (BTC) edges below $64,000 on Friday, extending losses for the third consecutive day after the 50-day Exponential Moving Average (EMA) capped recovery around $65,000. Hyperliquid (HYPE) and Celestia (TIA) stand out as the worst performers over the last 24 hours, with nearly 10% losses.
Asian stock markets mirror US tech sell-off, Nikkei plunges over 4%

Asian stock markets face a sharp sell-off on the last trading day of the week, tracking seeking negative cues from United States equity markets. US technology stocks fell sharply on Thursday as stocks of sophisticated chips extended their losses.

-0.4%: Why the biggest CPI drop since 2020 couldn't buy back a single cut

The June CPI fell 0.4% on the month, the largest one-month decline since April 2020, dragging the annual rate to 3.5% from May's 4.2% and snapping a three-month acceleration streak. Core prices went nowhere, flat on the month and down to 2.6% YoY, both under consensus.