APPLE Last BUY opportunity before a new 18 month expansion.

Last time we looked into Apple (AAPL), it was still trading within the 2023 Channel Up (see chart below) and gave us an excellent technical pull-back buy opportunity:


This time the stock is after a 3-month pull-back that is testing the 1W MA50 (blue trend-line) for the first time since the week of March 13. On the wider picture of Apple in the last 10 years (1W time-frame), such pull-backs have been nothing more that consolidation phases before the next Expansion (usually 18 month - green arrows) that leads to the eventual peak and a new yearly correction (red arrows).

Those consolidation phases find Support on the 1W MA50 (even the COVID crash broke it just marginally), unlike the yearly corrections which find on the 1W MA200 (orange trend-line). What's astounding is the frequency of the consolidation pull-backs, which can be very effectively displayed with the use of the Sine Waves. As you can see on our chart, in the last 10 years, all pull-backs to the 1W MA50 after a 1W MA200 rebound, are located at the bottom of the Waves.

This indicates that most likely the current one is over and investors are expected to 'ride' the new 18-month Expansion wave to the new All Time High.

-------------------------------------------------------------------------------

** Please LIKE 👍, FOLLOW ✅, SHARE 🙌 and COMMENT ✍ if you enjoy this idea! Also share your ideas and charts in the comments section below! This is best way to keep it relevant, support us, keep the content here free and allow the idea to reach as many people as possible. **

-------------------------------------------------------------------------------

💸💸💸💸💸💸
👇 👇 👇 👇 👇 👇