infbp22

AAPL: Possible buy zones approaching

Panjang
NASDAQ:AAPL   Apple
I believe we are approaching a good area to jump on the APPLE bandwagon for those that felt the train had already left. We are approaching some confluence of support, which may hold and bounce out of the golden pocket. More likely in my opinion though, we may see retrace to around th .768 FIB. This would put us near or at the 200 EMA. History shows that Apple has never stayed below the weekly 200 EMA for long, has laso shown substantial gains once it touches. I would be interested in putting in orders down to $200. I believe $200 could set off a decent bull run, never to have that price opportunity again.
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