2 years ago
It seems AAPL has completed a 5-wave on the monthly chart. At present, we are at a critical Fib. level with overbought. Therefore, it won't be wise to neglect the possibility of at least a short term reversal. Long term investors must keep this in consideration. Will soon be updating a fundamental evaluation of the as well.
10 months ago
Trade closed: target reached: [image]https://www.tradingview.com/x/PSqfnG8u/[/image] Here are the three way that I believe the wave structure can develop. In my opinion, the structure indicated in green is the most likely scenario, but other scenarios are also possible. Now is a good time to close all short positions and start looking for a long entry.