There are currently two views of AAPL:
1) The view in green where the bottom is set in ((4)) with a run up a new ATH . If this is set we could see a new ATH in the next 4-6 weeks.
2) The view in red where we are in a three wave correction with the low of $110 being A, a run to $127 (.618 of the low off $110) in B, down to fib retracement of 100.00 of the last equal leg at $94.90. If a correction in ((4)) will still happen, the completion date should be within 2-3 weeks, where there will then be a run to new ATH .
Active Trade: 10/16 October 16th $121.25c.
Scenario 1):
TP1: $127
TP2: $132
TP3:$137
Scenario 2):
TP1: $124
TP2: $127
To Note: If the bottom at $110 holds and we break $122.70, it is possible that the correction is over in ((4)) and we are on our way to new ATH . Not enough data to confirm this right now. 4HR chart does confirm an RSI extreme at $110, but the 1HR chart does not.
1) The view in green where the bottom is set in ((4)) with a run up a new ATH . If this is set we could see a new ATH in the next 4-6 weeks.
2) The view in red where we are in a three wave correction with the low of $110 being A, a run to $127 (.618 of the low off $110) in B, down to fib retracement of 100.00 of the last equal leg at $94.90. If a correction in ((4)) will still happen, the completion date should be within 2-3 weeks, where there will then be a run to new ATH .
Active Trade: 10/16 October 16th $121.25c.
Scenario 1):
TP1: $127
TP2: $132
TP3:$137
Scenario 2):
TP1: $124
TP2: $127
To Note: If the bottom at $110 holds and we break $122.70, it is possible that the correction is over in ((4)) and we are on our way to new ATH . Not enough data to confirm this right now. 4HR chart does confirm an RSI extreme at $110, but the 1HR chart does not.
Nota
SL: $109.98Dagangan ditutup: hentian tercapai
Nota
This is not financial advice, just my opinion.
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.