In early 2020 AAPL fell 5 standard deviations out of a strong uptrend. It was Covid, so you'd assume that had some substance to it as a trigger for a collapse.
As it turned out this was short-lived and the price recovered quickly.
In August 2023 AAPL again fell 4.7 standard deviations out of a strong up trend. It was an earnings announcement, but not everybody believes it means anything.
Would you expect price to fall in the same fashion triggered by margin calls and automated trading systems?
Maybe this will drop some more then turn into a fabulous BUY in a months time?
I'm not buying yet but watching carefully.....
As it turned out this was short-lived and the price recovered quickly.
In August 2023 AAPL again fell 4.7 standard deviations out of a strong up trend. It was an earnings announcement, but not everybody believes it means anything.
Would you expect price to fall in the same fashion triggered by margin calls and automated trading systems?
Maybe this will drop some more then turn into a fabulous BUY in a months time?
I'm not buying yet but watching carefully.....