One of many things I strive to teach my students is to watch what happens to a stock immediately AFTER an earnings season. This is the telltale activity of the Dark Pools who prepare for the next earnings season weeks ahead of those reports. So when AAPL started showing signs of large-lot rotation in September and into December, that was your cue that this big...
Easy to say/noted that AAPL has been following an upward trend & triangle pattern for some time now. The beginning of 2019 will be interesting for apple to say the least after massive drop in late 2018. Despite the drop, Apple has MUCH room for growth.
P.S : RSI Levels in good position for upward movement
not financial advice
I believe we hit the bottom at 198 USD
The ABC correction down is finished touching the 1.272 fib at 198 USD.
RSI is already turning up, on the lower timeframes, daily is about to follow.
Also we have a triple bottom on the RSI, on daily.
Target is the previous resistance at 230 USD.
Despite the volatility experienced in 2018 so far, Apple has maintained a healthy path along its overall trend lines. Opportunities to accumulate this year have been great and ranges within Fibonacci channels have held strong. Earnings season, WWDC, OLED adoption and other catalysts can help propel stock back up and into a "money zone" that should hold and allow...
It looks like AAPL is in a large wave 4 correction.
It could reach lower degree wave 4 at 142.00 (white) where it intersects with the trendline support (yellow).
It could be the last wave down soon.
Then the bounce up is expected in wave 5 as shown on the chart.
The journey of technology behemoth Apple, Inc. from Apple I to iPhone 7 has been a spectacular one. Its valuation crossed $800 billion this year and is onto becoming the first trillion-dollar company. It's not been a smooth ride all the way. Like every company, Apple too had to go through phases of ups and downs and failures. It too made products that flopped...