The current slide in share prices are particularly felt by the high-flyers of the past weeks, including the papers from
Apple.
The recent sell-off, however, is still a clean correction. Following the primary expectation, the market has reached the target box for the current pullback. As long as the bulls hold above $105, we see the bulls stepping back in very soon, taking Appel to new all-time highs.
Under $128.78, the alternative scenario must be considered. We give this scenario a 30% probability, which would pave the way towards $95.
To summarize, both scenarios are pointing to new all-time highs in the medium-term perspective.
Feel free to discuss! Cheerio 🥃...and happy trading!
The recent sell-off, however, is still a clean correction. Following the primary expectation, the market has reached the target box for the current pullback. As long as the bulls hold above $105, we see the bulls stepping back in very soon, taking Appel to new all-time highs.
Under $128.78, the alternative scenario must be considered. We give this scenario a 30% probability, which would pave the way towards $95.
To summarize, both scenarios are pointing to new all-time highs in the medium-term perspective.
Feel free to discuss! Cheerio 🥃...and happy trading!
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📊 Free daily market insights combining macro + Elliott Wave analysis
🚀 Spot trends early with momentum, sentiment & price structure
🌐 Join thousands trading smarter - full free analyses at dailymarketupdate.com
🚀 Spot trends early with momentum, sentiment & price structure
🌐 Join thousands trading smarter - full free analyses at dailymarketupdate.com
Penerbitan berkaitan
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.