IS APPLE ON THE TOP ? (The raise and fall of Apple)
Since reaching all time high on last April, AAPL has fallen 31.33% during the last 10 months.
Yes it is about a third of its price, but is this it? Or will we go much further?
Had APPLE just reached a MAJOR TOP ?
For that I am looking for a perspective from a big picture
(Sometime something can only be appreciated in Log scale)
(1) For the last 15 years it moved in a contracting triangle and the trendline had been broken.
(2) The April high is just slightly above fib 55.
(3) April high look like a major top (end of wave III or worse wave V) - that likely to be follow by major pull back (of more than 80%).
I hope I am wrong, because I'm a huge fan of apple .
I hope we will only goes to Fib 34 (82.46), otherwise we will go for a huge correction.
Salut to Mr. Gann from whom I owe this beautiful fan (see how perfectly fit the waves are) - GANN ROCKS.
And my appreciation to WallStScalper that show me the beauty of Gann fan - thank you from the deepest of my heart for this and more.
Yes it is about a third of its price, but is this it? Or will we go much further?
Had APPLE just reached a MAJOR TOP ?
For that I am looking for a perspective from a big picture
(Sometime something can only be appreciated in Log scale)
(1) For the last 15 years it moved in a contracting triangle and the trendline had been broken.
(2) The April high is just slightly above fib 55.
(3) April high look like a major top (end of wave III or worse wave V) - that likely to be follow by major pull back (of more than 80%).
I hope I am wrong, because I'm a huge fan of apple .
I hope we will only goes to Fib 34 (82.46), otherwise we will go for a huge correction.
Salut to Mr. Gann from whom I owe this beautiful fan (see how perfectly fit the waves are) - GANN ROCKS.
And my appreciation to WallStScalper that show me the beauty of Gann fan - thank you from the deepest of my heart for this and more.
Feragatname
Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.