AAPL is looking to break a neck line of the head and shoulders pattern. If/when it does, price will head to $95 to fill the gap.
Considering AAPL’s size, this would affect the whole market, hence my prior posts on SPY pullback, sub $500 in Tesla, downside in BTC and ETH. Essentially beta of any stock can be applied to it’s price to arrive at possible downside.
It’s possible that price continues to trade within raising channel. I am biased to the downside for now.
Considering AAPL’s size, this would affect the whole market, hence my prior posts on SPY pullback, sub $500 in Tesla, downside in BTC and ETH. Essentially beta of any stock can be applied to it’s price to arrive at possible downside.
It’s possible that price continues to trade within raising channel. I am biased to the downside for now.
