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dfiguere
Oct 25, 2021 4:15 PM

Apple predictions  Long

Apple Inc.NASDAQ

Description

Currently apple is in a supply zone due to the big law suit with epic games. My guess is sellers are going to come back and start selling in this zone. I did my own study on the vix and about 60 percent of the time with the lower BB band gets penetrated that is signifying a peak incoming. Take a look at NQ1 also it is also sitting in a supply zone. SPX hit its peak a great sign for a bull movement. But we can see we have a lot of gaps to fill on the SPX if it does peak soon those gaps bellow it most likely will get filled. Apple, NQ , and SPX are positively correlated which means they move with each other.

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Entered at 148 after the big move up from that demand zone I got in on the squeeze hoping for price to go up even futher and it did. Got a debit spread expiring the 5th of december price target is at 160.
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