Do you believe Apple will extend its climb?

120 0 1
Do you believe Apple             will extend its climb?
Apple             is not only the most expensive publicly listed company in the world. This is also a company, whose shares have shown the most beautiful rising trends since it started to exist.
They were not fearful of 2007-2009 turbulence. They were stable even when the financial crisis reached its bottom.
After a split, the company’s shares have been retracing to all-time highs. But I believe a wave of growth that started in July 2013 is almost over. The shares may reach a high of USD 129-130 before a new correction wave (the Fibonacci correction level 161.8% against a fall from August 2012 to June 2013).
This situation is much similar to an uptrend as of March 2009. Growth ended exactly at the 161.8% Fibonacci retracement level against a fall from December 2007 to March 2009. (I highlighted this band in grey). Stocks were slightly above the landmark Fibonacci level, but this was a technical fault. Investors are advised against buying the stock, counting on such faults.
I would not open short positions for AAPL             given this upside. To purchase, it is better to wait for correction at least toward the upward trend of June-August 2013.
Dear readers, please vote for me in the best forecaster competition at the link:
EN English
EN English (UK)
EN English (IN)
DE Deutsch
FR Français
ES Español
IT Italiano
PL Polski
SV Svenska
TR Türkçe
RU Русский
PT Português
ID Bahasa Indonesia
MS Bahasa Melayu
TH ภาษาไทย
VI Tiếng Việt
JA 日本語
KO 한국어
ZH 简体中文
ZH 繁體中文
AR العربية
Home Stock Screener Forex Signal Finder Cryptocurrency Signal Finder Economic Calendar How It Works Chart Features House Rules Moderators Website & Broker Solutions Widgets Stock Charting Library Feature Request Blog & News FAQ Help & Wiki Twitter
Profile Profile Settings Account and Billing My Support Tickets Contact Support Ideas Published Followers Following Private Messages Chat Sign Out