APPLE, YES APPLE... POTENTIAL 30% DROP
APPLE HAS EXTENDED BEYOND THE LINEAR REGRESSION WEEKLY UPPER BAND BY 12%, highly over bought.. ALL THING THAT GO UP , MUST COME DOWN.
APPLE CONSTITUTES 20% OF THE SPY BASED ON MARKET WEIGHT, INDIFFERENT TO ITS SALES AND EARNING, IT WILL, AN CAN BE DRAGGED DOWN BY THE MARKETS INERTIA.
I EXPECT WEAK CHINA IPHONE SALES IN 1Q 2020, AND A PRICE TARGET OF $202 ish..BY MARCH IF NOT SOONER UPON AND OR AFTER EARNING.
CHEERS
APPLE CONSTITUTES 20% OF THE SPY BASED ON MARKET WEIGHT, INDIFFERENT TO ITS SALES AND EARNING, IT WILL, AN CAN BE DRAGGED DOWN BY THE MARKETS INERTIA.
I EXPECT WEAK CHINA IPHONE SALES IN 1Q 2020, AND A PRICE TARGET OF $202 ish..BY MARCH IF NOT SOONER UPON AND OR AFTER EARNING.
CHEERS
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