The Big Apple Short Term
Here is a short-term chart for Apple.
We can see come support happening at 124.14 and certainly at 119.15; but let me be very clear, this will not necessarily indicate our bottom. As indicated on my previous long-term chart, we still have room to tumble down to the low 100’s, 103 or similar. This is where we can likely expect strong support followed by upward thrust.
We are entering bear mode, and one must be extra cautious going long during these times. Similarly, one must be cautious going too bear as squeezing is a favorite in the big money crowd as most of you know.
Hope this is helpful to all that requested. Cheers.
= FIB
We can see come support happening at 124.14 and certainly at 119.15; but let me be very clear, this will not necessarily indicate our bottom. As indicated on my previous long-term chart, we still have room to tumble down to the low 100’s, 103 or similar. This is where we can likely expect strong support followed by upward thrust.
We are entering bear mode, and one must be extra cautious going long during these times. Similarly, one must be cautious going too bear as squeezing is a favorite in the big money crowd as most of you know.
Hope this is helpful to all that requested. Cheers.
= FIB
The prediction is in...
= FIB
= FIB
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