ai for intelligent apple

$Apple(AAPL)$  is in a wedge pattern consolidation for weeks . it is being held back by high interest rate environment. the fed has ended its rate hike and is now contemplating the cutting of rates at the end of this year. once the fed starts to cut rates, the bull market will be explosive. 

according to pnf analysis of aapl, aapl can go up to 220. consolidation is good for aapl. giving up ev is a great decision for aapl. the ev market is too crowded. focusing on ai is a wise move. there is still much room for improvement in generative pre-train ai. google made a fool of itself again by focusing too much on ethnic diversity for its image generation ai. when bard was just launched, it provided a wrong answer for a simple question (for deep learning computers). 

in the near term, aapl will keep in consolidation mode until a catalyst spikes it up such as Berkshire decides to buy more aapl or aapl ai beats openai, Google and Microsoft hands down.

$NASDAQ(.IXIC)$  has legs until 20,110 according to pnf with Fibonacci retracement.

$US2Y(US2Y.BOND)$ is in consolidation wedge pattern as it awaits hotter than expected inflation data to make a new high. 

do apply automatic investment system where you add shares at each 10% drop or at support zones if you know technical analysis. this way you conserve your capital while the stock is strongly downtrending. do take profit at 10% intervals or at resistance zones if you know technical analysis. this way you have capital to buy the dip. only applies to stocks in an index or warren buffett would approve. bon courage.

merci beaucoup@TigerStars for coins and vouchers

merci beaucoup@TigerWire for topics

merci beaucoup@Asphen for sharing analysis

merci beaucoup@koolgal for tagging

# Tim Cook Visits China: A Good Signal or Not?

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  • Asphen
    ·02-29
    TOP
    181 is magical for me. it has held well so far. bullish for me.
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    • AsphenReplying tomelson
      that would be good n sensible
      02-29
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    • melson
      Warren Buffett collecting there
      02-29
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  • koolgal
    ·03-02
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    The market is all fired up on AI!  Thanks for your awesome insights 😍😍😍
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    • melson
      [Happy] [ShakeHands] [Happy]
      03-02
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