Here's a quick basic look at $Apple(AAPL)$ chart to see where Apple might be heading. With the 2 legged pullback readings - in the near term movement indicated with Blue Arrows, the price may test 120 level. While a slightly longer frame, the 2nd leg indicated via Red Arrows, may test the 108/105 level - which looks very likely as we can see the bottom is close to where the earning is gonna be in end July, especially so if the report is gonna be a disappointment.
Hopes we don't get there. Please feel free to share your findinga and your thoughts if you see the chart differently
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