The current slide in share prices are particularly felt by the high-flyers of the past weeks, including the papers from
AAPL
.
The recent sell-off, however, is still a clean correction. Following the primary expectation, the market has reached the target box for the current pullback. As long as the bulls hold above $105, we see the bulls stepping back in very soon, taking Appel to new all-time highs.
Under $128.78, the alternative scenario must be considered. We give this scenario a 30% probability, which would pave the way towards $95.
To summarize, both scenarios are pointing to new all-time highs in the medium-term perspective.
Feel free to discuss! Cheerio 🥃...and happy trading!
AAPL
. The recent sell-off, however, is still a clean correction. Following the primary expectation, the market has reached the target box for the current pullback. As long as the bulls hold above $105, we see the bulls stepping back in very soon, taking Appel to new all-time highs.
Under $128.78, the alternative scenario must be considered. We give this scenario a 30% probability, which would pave the way towards $95.
To summarize, both scenarios are pointing to new all-time highs in the medium-term perspective.
Feel free to discuss! Cheerio 🥃...and happy trading!
