AAPL - Do patterns repeat themselves?
Originally published by NZ_Shareman
Watching to see if the pattern of AAPL repeats itself from 2008. This year we have been on a roller coaster of volatility, smashing through 5 years of the 2008 Crash Recovery pattern price action in 8 months.
This follows EWF (Elliott Wave Forecast), that we will be moving to higher highs before turning down to fill the gap.
Active Trade: AAPL 140c 12/18 @ $1.15 - $1.26
Exit: Ideally before earnings on 10/29.
This is not financial advice, just an idea.
Watching to see if the pattern of AAPL repeats itself from 2008. This year we have been on a roller coaster of volatility, smashing through 5 years of the 2008 Crash Recovery pattern price action in 8 months.
This follows EWF (Elliott Wave Forecast), that we will be moving to higher highs before turning down to fill the gap.
Active Trade: AAPL 140c 12/18 @ $1.15 - $1.26
Exit: Ideally before earnings on 10/29.
This is not financial advice, just an idea.
Note
If the bottom is set at $114.28, then (1)-(2) up from the 9/21 lows measures 138.50 to 153.47 for wave (3) in AAPL.Note
Historically, the low hits on the last Monday in October before elections. Right on track for AAPL.
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Clause de non-responsabilité
Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.