Stocks

Apple – Monthly Analysis

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Apple Monthly Public

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When we flipped bullish on AAPL in the middle of January, we projected it to go to $170. The stock actually rallied to $180 and made 35% after our call. Not bad.

Now Apple is at the crossroads. Having an awfully bearish closure on Friday was not enough. It decided to double down with a monster Bearish Engulfing, apparently to celebrate a launch of a $6999 personal computer and a $3499 headset.

In this overview we discuss the most recent technical events and candle combinations that the stock formed or about to complete on multiple frames. We forecast the short and long term targets using Elliott Wave and Fibonacci theories and assess probabilities of the perspective moves.

. . . This analysis is reserved for the subscribers of Stock Library package.

Apple Monthly Public

552

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