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shkspr
Oct 15, 2022 11:55 PM

SHORT | AAPL | 50% Decline Short

Apple Inc.NASDAQ

Description

NASDAQ:AAPL

Possible Scenario: SHORT
Evidence: Recession, price action, H&S on the weekly timeframe.

All the numbers are matched with Fibo retracement.
We are on WAVE4 (Corrective wave) of Elliot Wave Theory

TP1: 126$
TP2: 109$
TP3: 91$
TP4: 67$
Comments
maker132000
Is apple bankrupt?
shkspr
@maker132000, of course not; it's just a correction. Technically a crash.
rudcharts
I agree here.
We've seen a lot of companies give up all the "covid" gains and AAPL will too.
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