AAPL seems to be following the path of crypto. The cycles for APPL appear to be longer than other stocks and alt-coins but is currently forming a correction wave. Interesting pattern noted is the finish of the correction wave matches the peak of the previous wave. For the past several cycles. 1. Will price break the upward channel?
2. Will the 2nd shoulder break the neck line?
3. If the shoulder neck line is not broke by the 2nd shoulder, price will drop to around $80-90.
*My posts are for the purpose of pattern analysis. This is not trading or financial advice.
Nota
Expect aapl to drop to the $116 price range. Then a re-test of the neckline at $130.
This idea is still active. Waiting for indicators to signal a price direction. The historic pattern suggests price will eventually make it's way to $80-90 in the mid to long term.
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I believe this is still the general direction we're headed but my time frame is way off. The idea behind this chart was map the overall direction based on previous patterns and harmonic principles.I will not be publishing any new charts. Sorry for the inconvenience.
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Declinazione di responsabilità
Le informazioni ed i contenuti pubblicati non costituiscono in alcun modo una sollecitazione ad investire o ad operare nei mercati finanziari. Non sono inoltre fornite o supportate da TradingView. Maggiori dettagli nelle Condizioni d'uso.