Apple – Weekly Analysis
The plan for AAPL is simple. The stock needs to rally about 11% or more in the last 4 days of August in order to mitigate the looming Bearish Engulfing. Is it possible? Probable?
At least bulls know what they need to do next week.
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.
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