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Harmonicmoves

Is it going to hit 160$... or 130$Apple's is looking strong as we are heading to earnings. Since it broke the neck line of an Inverted Head and Shoulders pattern that I've mentioned to my Elite Zone members before its previous earnings, AAPL didn't look back. It looks like AAPL is heading towards the PRZ of a bearish Crab pattern near 160$ Will it reach there? Well... that's depend on its earnings. 7-8% rally in AAPL is such a bullish market isn't something that will surprise me...but still AAPL will have to come up with exceptionally good report to be able to push all the way up there. The other option, in case of a bad report, is that AAPL will take a break and retrace towards 130$ - Previously was resistance, now should act as support. What are your thoughts about AAPL?
NASDAQ:AAPL
by themarketzone
AUDUSD Trend ContinuationPrice action has broken below a significant level of support and resistance. Following the retracement of the initial break, support should become resistance. Looking for a third harmonic A to B impulsive move since the market has respected the previous two. The market has also been continuing the trend at the 0.618 retracements of the impulsive moves. On the hourly chart we can see that the market is placing a double top, along with strong RSI divergence. Stops are placed above the previous lower high; with targets set at the 1.27 extension of the current A to B move.
Short
by CarlosPM