aspect11
Panjang

AAPL weekly - breakout of 2.61 Fib extension

NASDAQ:AAPL   APPLE INC
Each stock has its own rhythm, cadence and energy. Some hate to follow old swings' Fibonacci extensions, preferring to oscillate to smaller frequencies, while others reference key lows from months and years back. AAPL             is the latter.

This is a very basic weekly chart overview. You can see the AB 1.61 level was respected for months in 2016, and now the 2.61 level has been broken to the upside after months of respecting that level as well.

I will follow up with a daily chart for price targets on a zoomed view.
With all respect, please be so kind to find out why we think your observation is subjective and what substantiate our conclusions >>> goo.gl/ecuxh2
Warm regards from Sydney Australia yours, Seven.
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