$Apple(AAPL)$ Based on past 3 years historical data, apple stock would fall before launching of new product.
In 2022, it reaches the high of $176 on 17-Aug and its low of $124 on 4-Jan-2023. Drop $51
In 2021, it reaches the high of $157 on 7-Sep and its low of $138 on 4-oct. Drop $18
In 2020, it reaches the high of $137 on 2-Sep and its low of $103 on 21-Sep. drop $34
Presume the mean value of all 3 drop amount, price should see a dip of $35 from It recent high is $198.
Let see if price goes near $163 before reversal.
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.
Comments