AAPL

One day will not change the trend but (RSI) gives the bear camp a reason to hope below 30 but no sell signal so far. ST they have upper H
 
Phill Twist said:
One day will not change the trend but (RSI) gives the bear camp a reason to hope below 30 but no sell signal so far. ST they have upper H
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I will give you a favor, because you and a lot of "wannabe traders" need to learn how markets work. It is quite obvious you are bull when stocks are close to a top and bear when they are close to a bottom. This is normal, you behave like 90% of people / traders.
The game is rigged. It was, it is, it will be rigged.
Majority must lose a lot. Minority takes all.
Greed and fear explain incorrect analysis / trades.

Below is how you should analyze Apple. Basic analysis, clear as water. No need for multiple lines : a tunnel and 2 converging lines for RSI are enough.
Maybe (and I say maybe) Apple could reach 150 dollars, why not 160 dollars (top of the tunnel) ?
But at the end, the stock will lose at least 45 dollars!
Why? Look at 2012 and 2015.
Always the same story. 45 dollars. 4 and 5. 45. Even a child could understand. No need for a Phd in mathematics.
For example, if top is confirmed @145.50, Apple is a SELL until 100 dollars.
100 dollars? Funny, a round number? Coincidence ? I don't think so!
By the way, it should take months. But Apple will go south, whatever Warren & friends will try to manipulate.
Hope it may help you and all wannabe traders.

NB : no need to cry if Apple stops its correction @105 dollars or whatever.
This is finance, not perfect science.

CM

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A personal reading of the Gann method gives me a target of 156 for april 25. Should be somewhere around where Chris Mac has his trend line, but still- 15 bucks in 7 trading days, that will be quite a feat. Maybe Kim Jong nukes Samsung over the weekend and makes it happen though.
 
Chris Mac said:
I will give you a favor, because you and a lot of "wannabe traders" need to learn how markets work. It is quite obvious you are bull when stocks are close to a top and bear when they are close to a bottom. This is normal, you behave like 90% of people / traders.
The game is rigged. It was, it is, it will be rigged.
Majority must lose a lot. Minority takes all.
Greed and fear explain incorrect analysis / trades.

Below is how you should analyze Apple. Basic analysis, clear as water. No need for multiple lines : a tunnel and 2 converging lines for RSI are enough.
Maybe (and I say maybe) Apple could reach 150 dollars, why not 160 dollars (top of the tunnel) ?
But at the end, the stock will lose at least 45 dollars!
Why? Look at 2012 and 2015.
Always the same story. 45 dollars. 4 and 5. 45. Even a child could understand. No need for a Phd in mathematics.
For example, if top is confirmed @145.50, Apple is a SELL until 100 dollars.
100 dollars? Funny, a round number? Coincidence ? I don't think so!
By the way, it should take months. But Apple will go south, whatever Warren & friends will try to manipulate.
Hope it may help you and all wannabe traders.

NB : no need to cry if Apple stops its correction @105 dollars or whatever.
This is finance, not perfect science.

CM

View attachment 172666
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Very interesting perspective. Haven forbid :banghead: I actually agree with you.
 
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