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Hunter710
Jul 24, 2020 6:08 AM

Apple back to 21 or 50 EMA in weekly time frame Short

Apple Inc.NASDAQ

Description

There has been 2 major corrections in Apple since 2019. The first correction from October 2018 to January 2019 it dropped $90.75. The second correction, the beginning of the Corona virus pandemic, it dropped $117.37. If you take the average of the two corrections and subtract them from the all time high, that would be a retracement back to the 21 week moving average which Apple retraced back to in both corrections. Price target: 293.82
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