Apple's Impulse Weakening Impulse Structure has finally broken.
We warned of this on February 6th, the Retracement was concluding
as many of the FANGs were seeing 55/199 Crosses occurring.
2C was a weak retracement, we were looking forward to more, but
it simply was not to be.
Yields crossing 1.691 were our LIS for the cross over 2% and onto 2.06
to and through 2.082 / 2.12 / 2.189 / 2.26 / 2.28 and on to the UTL
with a potential Throw over to 2.5%.
Apple will lead 3A (a powerful move lower to new lows) as its weighting
is sizeable for NQ.
As previously indicated 141s are the Initial Price Objective for 3/5 IT.
We believe it can move lower to the 411 EMA @ ~ 133.4.0.
Apple has lost the Edge in innovation and is unable to complete with the
Google's innovations and breadth of Carrier Market Integration.
After months of research into Global Access - the Edge Google has over
Apple is immense. The Pixel 6 is functionally a very basic, well made
Smartphone.
Where it excels is in AI Integration and Carrier switching.
I have begun converting to Google's Hardware and Service for all lines and
services, consolidating a number of Business Lines for Global use while
traveling outside the United States.
Apple is unable to offer anything remotely competitive, their claims to
developing a true Global Phone with improved carrier switching is quite
distant at this point in time.
Margin compression, Debt, a very Real Lack of Innovation (Share Buybacks
as opposed to CapEx Investment), and Accountants gaming the Future... Unlikely
Apple will ever return to its former Halcyon days as a leading TECH Innovator.
______________________________________________________________________
Instead, APPLE will be the Anchor that drags the NQ to new Lows in 3/5 IT and
then 5/5 for the IT Correction.
5/5 will then take this Overhyped Cult to new ATHs into Q3 of 2022.
From there our price Target remains $35 into 2025.
We warned of this on February 6th, the Retracement was concluding
as many of the FANGs were seeing 55/199 Crosses occurring.
2C was a weak retracement, we were looking forward to more, but
it simply was not to be.
Yields crossing 1.691 were our LIS for the cross over 2% and onto 2.06
to and through 2.082 / 2.12 / 2.189 / 2.26 / 2.28 and on to the UTL
with a potential Throw over to 2.5%.
Apple will lead 3A (a powerful move lower to new lows) as its weighting
is sizeable for NQ.
As previously indicated 141s are the Initial Price Objective for 3/5 IT.
We believe it can move lower to the 411 EMA @ ~ 133.4.0.
Apple has lost the Edge in innovation and is unable to complete with the
Google's innovations and breadth of Carrier Market Integration.
After months of research into Global Access - the Edge Google has over
Apple is immense. The Pixel 6 is functionally a very basic, well made
Smartphone.
Where it excels is in AI Integration and Carrier switching.
I have begun converting to Google's Hardware and Service for all lines and
services, consolidating a number of Business Lines for Global use while
traveling outside the United States.
Apple is unable to offer anything remotely competitive, their claims to
developing a true Global Phone with improved carrier switching is quite
distant at this point in time.
Margin compression, Debt, a very Real Lack of Innovation (Share Buybacks
as opposed to CapEx Investment), and Accountants gaming the Future... Unlikely
Apple will ever return to its former Halcyon days as a leading TECH Innovator.
______________________________________________________________________
Instead, APPLE will be the Anchor that drags the NQ to new Lows in 3/5 IT and
then 5/5 for the IT Correction.
5/5 will then take this Overhyped Cult to new ATHs into Q3 of 2022.
From there our price Target remains $35 into 2025.