Hi Paskova, I see you made a similar analysis as me! I left out the Fibonnacci retracements for simplicity but am a big fan of using them though.
I also added a comment on what we have to take into account when making projections in the mid long term.
Happy trading!
@A_Cryptastic_Mind, great minds think alike :D just kidding, of course. Glad to see that we share the same opinion. Hope that it will turn out as predicted. Good luck to you too :))
A_Cryptastic_Mind
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@Paskova, indeed! By the way, would love to get your view on the long term trend channel: if you look at the 2008 - 2018 time frame, you see a clear and strong upward trend channel for AAPL, which it actually broke a couple of months ago. Purely speaking in terms of odds, the probability that such a move is long term sustainable is quite low, and price should revert back to that long term trend channel, almost by definition. Any thoughts? :-)
@A_Cryptastic_Mind, I would agree with your opinion, in long term aspects the upward trend will continue and would (for sure) surpass the 200$ barrier. The correction on my graph, as well as on yours, is purely for speculation and referrs for the short term :))
A_Cryptastic_Mind
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@Paskova, thanks! long long term, AAPL remains a very sound investment in my (humble) opinion
I also added a comment on what we have to take into account when making projections in the mid long term.
Happy trading!