AAPL: Possible upcoming trap

let's be careful - there's possibly another move down expected - which if happens, will trap the early longs.
end of this week or early next week.
in all cases, given the issue with AAPL's manufaturing, supply chain and decreasing demand on devices, we can expect bad news that the market will need to deal with in the upcoming earnings

Yorum:

Can i claim that when i put that yellow circle, i was trying to predict where the price *will not go* :)

no, seriously, we hit the projected target - first yellow line - sooner than expected - then my expectations is between today and tomorrow the move down will begin,
it looks like we may be getting into a consolidation range - need to update the longer term view - so far the longer term view posted couple of months back still holding. will make an update soon,