Apple - Correction before new ATH!
The most probable view:
1) We are in a three wave correction with $110 being A, a run to $123.37 - $126.82 (.5 - .618 of the low off $108.75) in B, down to fib retracement of 100.00 of the last equal leg at $91.39. In the correction of ((4)), the completion date should be around 9/25, where there will then be a run to new ATH.
Stock Trade Setup: Buy at ((4)).
BUY @ 100.00% = $91.39
STOP LOSS @ 161.80% = $74.37
Options Trade Setup: Buy at ((4)).
BUY 100c - 140c for 6/18/21 @ $91.39.
TP1: $144
TP2: $155
1) We are in a three wave correction with $110 being A, a run to $123.37 - $126.82 (.5 - .618 of the low off $108.75) in B, down to fib retracement of 100.00 of the last equal leg at $91.39. In the correction of ((4)), the completion date should be around 9/25, where there will then be a run to new ATH.
Stock Trade Setup: Buy at ((4)).
BUY @ 100.00% = $91.39
STOP LOSS @ 161.80% = $74.37
Options Trade Setup: Buy at ((4)).
BUY 100c - 140c for 6/18/21 @ $91.39.
TP1: $144
TP2: $155
Note
See new chart for update.Note
This is not financial advice, just my opinion.
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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.