AAPL retesting Golden Fib of its Genesis Sequence: $159.11

Part of my ongoing analysis (see links below).

Apple topped exactly on a Genesis Fib.
Now we have retraced to a Golden level.
$159.11 would be a good end of correction.

It is PROBABLE that we orbit this fib for a while.
It is POSSIBLE that we go below and slingshot up.
It is PLAUSIBLE that we fall thru and never surpass.

Here is the Full Genesis Sequence and explanation (click)
That fib plus local fibs made this Map of the Top
And produced this major roadmap a YEAR ago!

Comment:

Nice Bounce!

Out of orbit and slingshot north

.

Zoom in (4hr) and add two local fibs from local Impulses

Friday close with Ping on the local 7.852.
So we can watch the other strands with interest.


.

Zoom WAY in (1 min)

nice launch off the Genesis fib.
Good response to local and mid-tf fibs.
Says all of our fibs are still relevant.

.

Zoom OUT a bit (15 min) so we can map the nearby confluences

Assume we have some resistance right where it closed.
Next serious resistance will be 172.xx.
Immediate support to hold will be 163.xx

.

SUMMARY:
- Nice bounce on Genesis fib.
- Bullish close right at a local fib.
- Now watching 172 above and 163 below

=================================================================================================

.