After a good earnings call apple continues to go down. I predict it will reach about 131-133 before begining to rise again upwards 145-150 or maybe higher. Potential to gain 10-14% or if you decide to close at last bottom lose about 3-4%. Decent risk-reward as i see it.
Pretty new to this stuff, anything you guys notice that I am missing?
I see that the tops and bottoms are becoming narrower, which i have understood to indicate a trend-switch. I do not see this happening before at least a couple of weeks, if it happens at all. Have i read that correctly??