AAPL and lessons in the power of math

When people try to tell you all markets are manipulated, they are wrong. The math is key and charts are very algorithmic.

Case and point: AAPL

Bad earnings but it pumped. Is it manipulation? No. APPL was in a clear uptrend with resistance at .5 Fibonacci on the weekly and more resistance at the 50 MA on the daily. It was destined to hit these points and likely to reject.

Would not long until a decisive breach above these areas.
Where is the Math lol. The fact that most charts find resistance and support on the Fibs should give a large hint that the algo is the manipulation haha
+1 Reply
LucyF2492 DavidWolbrecht
@DavidWolbrecht, Statistics and geometry, as seen in the chart. Manipulation would make the statistics that give us moving averages and indicators as well as Fibonacci levels useless.
greenplay LucyF2492
@LucyF2492, Where $aapl is going next? 180 or come back to 50 MA? Just curious to know the direction. Thanks.
LucyF2492 greenplay
@greenplay, Chart is telling me next target on the 4 hour is $166.53
greenplay LucyF2492
@LucyF2492, Thank you for taking time to reply.
LucyF2492 greenplay
@greenplay, absolutely, any time
EN English
EN English (UK)
EN English (IN)
DE Deutsch
FR Français
ES Español
IT Italiano
PL Polski
SV Svenska
TR Türkçe
RU Русский
PT Português
ID Bahasa Indonesia
MS Bahasa Melayu
TH ภาษาไทย
VI Tiếng Việt
JA 日本語
KO 한국어
ZH 简体中文
ZH 繁體中文
AR العربية
HE עברית
Home Stock Screener Forex Screener Crypto Screener Economic Calendar How It Works Chart Features Pricing House Rules Moderators Website & Broker Solutions Widgets Stock Charting Library Get Help Feature Request Blog & News FAQ Wiki Twitter
Profile Profile Settings Account and Billing Get Help Ideas Published Followers Following Private Messages Chat Sign Out