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CapitalHubs
Aug 20, 2012 4:01 PM

Apple product launch and seasonal pattern 

Apple Inc.NASDAQ

Description

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
CapitalHubs
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%.
charttrader
Are you still expecting up trend after that?
CapitalHubs
I do expect moderate uptrend, depending on the broad market sentiment.
tradingview.com/v/OsLTWhfm/
ingmarforex
Followed.
Algokid
Good Job CH !
CapitalHubs
Thanks, Algo kid!
lucky_human_foot
Agreed.
lucky_human_foot
Followed.
HinduMVP
Followed.
charttrader
Followed.
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