AAPL made a short term reversal at the $260 levels which enables a new calculation of target for the next move down.
the move down is expected to be a short one - with local target at the $233 to $237 range (mid-point $235) then it's not clear where we'll go from there.
Let's watch as this is expected to happen today / tomorrow...
Note: the price projection method here relies on volatility and price structure - but it is much less effective in times of inconsistency like the one we're in now - that's why while it can produce good projections (~70% accuracy) short term, it is not able to do long term projections until the market stabilizes.
Note 2: not sure if anyone is watching these projections, but if you are, you can help me validate the accuracy of these projections. i think so far we've been getting a "hit rate" of 7 or 8 out of 10 with our projections across the various symbols i posted since I started. comments?
the move down is expected to be a short one - with local target at the $233 to $237 range (mid-point $235) then it's not clear where we'll go from there.
Let's watch as this is expected to happen today / tomorrow...
Note: the price projection method here relies on volatility and price structure - but it is much less effective in times of inconsistency like the one we're in now - that's why while it can produce good projections (~70% accuracy) short term, it is not able to do long term projections until the market stabilizes.
Note 2: not sure if anyone is watching these projections, but if you are, you can help me validate the accuracy of these projections. i think so far we've been getting a "hit rate" of 7 or 8 out of 10 with our projections across the various symbols i posted since I started. comments?
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.