Apple: Corrective RallyApple Inc.NASDAQ:AAPLHKCM_GlobalSince the cycle top at $344.56, we see AAPL in a long-term correction, with an (excessive) counter-move to the upside still expected to complete soon. We anticipate the corresponding top at new all-time highs above $344.56—specifically, within our red Target Zone ($361.58–$379.58). At that point, price should ultimately reverse lower. In our alternative scenario, AAPL would complete the counter-move below resistance at $344.56 (probability: 37%). After that top, we would expect sell-offs down toward the $273.77 support level. In this case, our red Target Zone ($361.58–$379.58) would no longer apply.