Based on prior dips during the past few months (according to a 1D chart) AAPL is slated to fall towards 180, if at all. If it dips below 180, second price target is seen at the white line below that price. The 180-181 target also lines up nicely with the 0.618 ratio as seen on the retracement plot. If AAPL gets close to 180, it will likely bottom out there and then rise shortly. If not, it will likely drop toward the second price target outlined in white. I'm going to see whether it stabilizes around the 180 level and look at a 30 or 15min chart to find a trigger for entry. As of right now, though, I expect it to continue falling at least for a few more days.
NOTE: all opinions expressed are my own. Please take them with a grain of salt; predictions may not be 100% accurate.
NOTE: all opinions expressed are my own. Please take them with a grain of salt; predictions may not be 100% accurate.
Comment:
Another note. It seems to be stabilizing around the 0.312 area, so it may simply go up from here. However I don't expect that to happen since I plotted more low points and it dropped below all of the ones I plotted EXCEPT for the 0.618 retracement line at 180.
Comment:
yeah so that was wrong