AhilanThurairajah

AAPL long tem down trend to $254.

NASDAQ:AAPL   APPLE INC
92 3 0
I am seeing a down trend for AAPL             since September 2012. It should complete by around Sep 2014 at a price target of $254.

I am expecting wave C to in formation starting December 2013.
techanalyst1
2 years ago
To do that, it would have to drop as fast from here as it did from the top in Sept 2012 to the bottom in April 2013 and it would have to drop a bigger percent than it did from the previous top to bottom.

At $254 it would probably have a dividend over 5%.

And it would have to tank that quick with Apple buying back shares.

Could happen, but if it does, I would think the entire market would be tanking as well.
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I am posting what I see technically as of now. There are many cases in which I have been wrong. Management in Apple also would have seen what I see. They would try to change the outcome.

If I see another formation, I will post what I see. I have nothing against Apple. So far I like their products and services.
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If you are in this bear trade, update your stop loss from $552.00 to $535.00.
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