Apple Elliott Wave: Perfect Reaction From The Blue Box

Source: DepositPhotos

In this technical article, we are going to present Elliott Wave charts and a trading setup of Apple Stock (AAPL). The stock completed its corrective decline precisely at the Equal Legs area, also known as the Blue Box. In the following sections, we’ll break down the Elliott Wave structure in detail, explain the setup, and present the target levels.

AAPL Elliott Wave 1 Hour  Chart 06.01.2026

The current analysis suggests that Apple stock is forming a wave ((ii)) black pullback.  The blue box buying zone comes at 307.73- 304.33. We recommend members avoid selling Apple stock, as the main trend remains bullish. We anticipate at least a 3-wave bounce from this Blue Box area. Once the price touches the 50% fib level against the (x) blue connector, we’ll make positions risk-free, set the stop-loss at breakeven, and book partial profits. Stop-loss is placed a few points below the 1.618 fib extension: 304.33

Quick reminder on how to trade our charts :

Red bearish stamp+ blue box = Selling Setup
Green bullish stamp+ blue box = Buying Setup
Charts with Black stamps are not tradable.

AAPL Elliott Wave 1 Hour  Chart 06.01.2026

The stock found buyers into the Blue Box area, just as expected.  AAPL completed correction above the invalidation level and made a decent reaction higher from our buying zone. As a result, all long positions are risk free + partial profits have been taken.  As long as price holds the pivot at 294.87, further upside remains likely.