Apple Price Target

M

michaelscott

Any takers? I say the price hits $119 in the months to come.

The chart appears to have a lot of wide gaps which is a horror show. However, Im willing to bet that those gaps wont fill. Just a hunch.

I calculated the $119 price target by using the height of the cup formed during the summer of 2006 and then adding it to the handle that was created by the options scandal.

Im rolling the dice and willing to bet that we will see $119 within 6 months. Lets see if the smashed cup/handle thesis holds up.
 

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It all depends on what this market decides to do, but being that AAPL is one of the strongest stocks out, I think your prediction sounds very good if we stay bullish and still possible if the market continues flat from here.
 
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