Apple has a number of major trendiness dating back to October 2018. Based on what I'm seeing, I think Apple is going to finish it's retrace to ~$96 no later than October 13. This will bring it to a 50% retrace from the March low and September 2 high, and will land back on the trend line. From there, it should hit support at the trend line and then we'll see from there.
Note, this will also coincide with my SPY retrace thesis as well.
This is not financial advice. This is just how I see it.
Enjoy!
Note, this will also coincide with my SPY retrace thesis as well.
This is not financial advice. This is just how I see it.
Enjoy!
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Having a look at this again this morning (zoomed in), and the trend line actually has until November 2 to meet the 50%, so update October 13 to November 2.
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See twitter.com/rma...479357434429441?s=20 for my full idea.
