Hello everyone, i toke the same graphic that i posted on May 11th and we can see that everything is confirmed. We broke the Fibonacci line and the second good sign is that we also broke the Fibonacci line. With a possible correction on the Fibonacci line, it is very possible to reach the R3 by July August. After correction and confirmation do not hesitate to take a long position, i still put my scenario possible. Friends trader don't hesitate to like if you like!
why do you expect the stock to hit 10-20% higher heights before the pandemic is over or September(which would be the earliest date for iPhone launches)? Just curious
fakel3053
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@735d18e1a8dc41d49a371f828611e9, to answer you by not going into too much detail, of course is not an exact science and of course i can be wrong. I analyze a graph with a lot of indicators and markers on the graph. With regard to the fundamental analysis since this pandemic of the covid the world is changing and the mentality of the people too and of this fact i think of course that more and more people will work remotely, retrain professionally, do online training buy online so to speak this online sytems will gradually democatrize. So of course it is very possible that it will not be in July but it will happen soon after. If we look at the long term Apple is constantly evolving. Thank you for your comment.
735d18e1a8dc41d49a371f828611e9
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@fakel3053, i currently am holding AAPL and some index funds, but will probably sell them later this week. The augments you made concerning indicators and that people will be working from home more are pretty accurate though. But i think that it is not going to move much upwards for the following months and only in late 2020/ early 2021. I currently see a better opportunity with oil
fakel3053
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@735d18e1a8dc41d49a371f828611e9, yes you may be right, for my part Apple is a very good action in the long term it may be a shame to sell it, of course it is up to everyone, as regards petroleum I am entirely of agree with you especially since the reopening of the market there was a bullish gap so this is good news for potential gains;). thank you for these informative discussions 👍