CapitalHubs

Apple product launch and seasonal pattern

BATS:AAPL   Apple Inc
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12
This chart combines two previous charts into thorough stock price analysis.

Most important findings:
- AAPL experiences strong bull markets in Autumn-Spring period
- New product releases usually pump the price
- Post release period is followed by correction within larger consolidation

The support level has been moved upward to $565 (200 MA)

More analysis at CapitalHubs.com

Comments

Chart update: Apple currently trading 8.5% off the peak at $704. According to the post product release model we are in correction between 9% and 17%.
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charttrader CapitalHubs
Are you still expecting up trend after that?
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CapitalHubs charttrader
I do expect moderate uptrend, depending on the broad market sentiment.
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Followed.
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Good Job CH !
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Thanks, Algo kid!
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Agreed.
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Followed.
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Followed.
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Followed.
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