Mr A
2023-08-08
$Apple(AAPL)$ 

Based on past 3 years historical data, apple stock would fall before launching of new product.

In 2022, (Drop $51)

high of $176 on 17-Aug 

low of $124 on 4-Jan-2023.

In 2021, (Drop $18)

high of $157 on 7-Sep

low of $138 on 4-oct.

In 2020, (drop $34)

high of $137 on 2-Sep 

low of $103 on 21-Sep.

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.

At what price will you buy Apple? $170 or $160?
Apple fell over 8% in the past 5 days after it reported earnings, which topped the estimates but fell short of the high expectations. Some investors begin to buy the dip. ----------- At what price will you buy Apple? At previous high of $170 or $160?
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