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.
- extractoi·2022-07-04That is quite amazing, Long term investors will buy more until the end on July and then sit on the stock until they rebound in a years time.1Report
- feelond·2022-07-04There is serious money to be made in these market conditions for long term investors.1Report
- Lostinroom·2022-07-04I am hoping it reach 108 before buying2Report
- historyiong·2022-07-04Buy Amazon, Tesla and Apple shares. With a little of Bitcoin too…. Just incase3Report
- YvetteGunther·2022-07-04I have no idea where is the bottom.1Report
- YeddaJohnson·2022-07-04I won' t buy TECH stocks now.1Report
- Heistheone·2022-07-05Waiting for another pullback to buy and hopefully at 108[Eye]LikeReport
- Ystar·2022-07-05Thanks for sharing1Report
- jeffry09·2022-07-04I think it is not a good time to buy AAPL now.1Report
- StayHome·2022-07-04Wait and see …. [Observation]2Report
- PandoraHaggai·2022-07-06What good words, I learned a lot.LikeReport
- MortimerDodd·2022-07-05Great post, looking forward to your next post.LikeReport
- lin2993·2022-07-05Looks bearish at the momentLikeReport
- Monkey123·2022-07-05Thanks for sharingLikeReport
- Jimmy1209·2022-07-05will drop moreLikeReport
- TKY1978·2022-07-05Trade with careLikeReport
- shining87·2022-07-04The trend is all the way down.LikeReport
- EugeneH·2022-07-06jklLikeReport
- tigernaut·2022-07-06👍LikeReport
- Nelsonon·2022-07-06holdLikeReport