Xafada

Classic Price Projection -Odds favor downside but still can trap

Short
NASDAQ:AAPL   Apple Inc
6
If history repeats and herds move to one side, there is one way here follow smart money. They know this company is a winner and price follows certain patterns and they are fully equipped to take advantage from individual investors, ten of thousands of traders. No one wants to keep holding the bag after what happen Sept 2012 and stock lost 45% just in few months. This month's candle is expected to be a similar to Jan 2014 if that is the case, we will see as low as $90.5 but August low and 92.65 these two areas are also solid supports. Minor support at 97.80 and 95.05, good to keep an eye on these areas. We will see a violent moves upside once or twice this month, but before end of October or December $90 is very likely regardless how many big days we will see in between. If u want a real time alerts try us www.2waytrading.com

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.