$APT Correction Unfolding — Wave C in Play!
The Elliott Wave count on the 30-minute chart suggests that #APT has completed a classic 5-wave impulse and is now in a corrective ABC structure. Currently, Wave C is developing — and the downside targets are coming into focus. 👀
• Impulse wave (1)-(5) is complete
• ABC correction began, with wave (b) already topped out
Wave (c) projection:
– 🔹 1.0 Fib = $4.579
– 🔻 1.618 Fib = $4.449 (deeper correction)
🟩 Support Zones to Watch: $4.58 and $4.45
🟥 Break below $4.44 could invalidate short-term bullish structure
This correction is healthy, as long as it holds above the $4.40–$4.45 zone — which could act as a springboard for the next leg up.