Apple (AAPL) Tops Out? Elliott Wave Says Not YetApple Inc.NASDAQ:AAPLElliottwave-ForecastShort Term Elliott Wave analysis in Apple (AAPL) shows the cycle from the August 1, 2026 low unfolding as a five‑wave impulse. From that low, wave 1 ended at $322.37. A corrective decline in wave 2 followed, finishing at $309.90. The stock then advanced in wave 3, reaching $345.34. A measured pullback in wave 4 completed at $325.81, setting the stage for the next rally. The subsequent advance carried the stock to new highs in wave 5. Yet the rise from wave 4 has developed in only three swings, which signals that further upside is likely. From wave 4, wave ((i)) concluded at $341.57. The pullback in wave ((ii)) ended at $330.70. The stock then resumed higher, with wave ((iii)) extending to $348.15. A near‑term pullback in wave ((iv)) is expected, but it should remain above $330.70 to preserve the bullish sequence. If this level holds, the market should continue upward to complete wave ((v)) of 5. After wave ((v)) finishes, Apple is projected to enter a larger corrective phase. This correction will retrace the cycle that began at the August 1, 2026 low.