The month of November has been very bullish which came to a surprise on many indices.
To be very general: the top target on apple was 108/145.
The most probable area for a top is 108/126.
Local reading: now that the diffusion process has left enough data point, it seems we could have had 5 waves in decreasing energy with new leg being roughly 60% of previous leg: 15%, 8% , 5%..
However it is APPLE, a strong company (so far) that has galvanized the crowd asymptotic behaviour...
So top is possibly here but 9 waves to 125 is not to rule out
Comments
YaKa
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Thinking of a top here is rational. The next target would be 126 but there seems to be resistance here and the move could already be in 5 completed waves (risk of 9 though).
I am not a tech expert but it seems to me that the hype is priced and the surprise effect fading.
The product lines eat in each other and the Iwatch (who will wear that? not me)
I am not a tech expert but it seems to me that the hype is priced and the surprise effect fading.
The product lines eat in each other and the Iwatch (who will wear that? not me)