Apple, the bull market darling, leader of the FANG stocks
has basically reached my target projection price of 168,
that I projected about here on tradingview. on Nov.21,2018.
AAPL suffered a Point and Figure Breakdown at 186 in November,
and the menial small rally after a stop at 175,
was doomed to failure, as it never even approached 186
on its subsequent rally attempt.
Point and Figure Analysis now suggests, that barring a rally
that would take the stock back to 186,
the next downside projection could take the stock
down to the nice round number of 150.00,
which could attract enough buyers at that price level
where a meaningful technical base/bottom could be built.
AAPL Last 168.49
THE_UNWIND
12/7/18
NEW YORK
has basically reached my target projection price of 168,
that I projected about here on tradingview. on Nov.21,2018.
AAPL suffered a Point and Figure Breakdown at 186 in November,
and the menial small rally after a stop at 175,
was doomed to failure, as it never even approached 186
on its subsequent rally attempt.
Point and Figure Analysis now suggests, that barring a rally
that would take the stock back to 186,
the next downside projection could take the stock
down to the nice round number of 150.00,
which could attract enough buyers at that price level
where a meaningful technical base/bottom could be built.
AAPL Last 168.49
THE_UNWIND
12/7/18
NEW YORK
To think about how far the overall stock market has fallen
APPLE , one of the largest cap pure blue chip stocks in the United States,
was trading above 230...
just a little over 45 days ago,in late October
Simply incredible.
THE_UNWIND
NEW YORK