Apple Wave Analysis – 13 March 2025

- Apple broke support area
- Likely to fall to support level 200.00

Apple recently broke the support area between the strong support level 220.00 (which has been reversing the price from October) and the 61.8% Fibonacci correction of upward impulse from August.

The breakout of this support area accelerated the active impulse wave 3 of the sharp downward impulse wave (C) from February.

Apple can be expected to fall to the next round support level 200.00 – which is the target price for the completion of the active impulse wave (C).