Following the cycle and adding rumored earnings disappointment, further support a drop in AAPL. The main question is how far. I feel confident the drop will make it to at least 102.20 based on some averages of current trend channel drops plus/minus buffer days/points. While it is around an 8% drop in stock price, the gains to be had are in the put market. Time to take advantage.
All forecasts are based on analysis of past behavior. Prior movements are not always indicative of future movement. Develop the theory, test the theory. Do your own research. Nothing in this analysis constitutes advice. YouTube For More. Good luck!!