The
AAPL chart looks weak. Since October, you can see price formed a lower high and now has been consolidating in a bear flag.
Should the flag break down, I think we'll see a sharp move down to $200 or one of the supports below it.
Why such a large move? The chart has an imbalance on it from how quickly price rose in the first half of the year.
I think price needs to correct lower to fix the chart imbalance.
The move should play out by Jan 6.
Let's see.
Should the flag break down, I think we'll see a sharp move down to $200 or one of the supports below it.
Why such a large move? The chart has an imbalance on it from how quickly price rose in the first half of the year.
I think price needs to correct lower to fix the chart imbalance.
The move should play out by Jan 6.
Let's see.
註釋
I'm in 12/20 $200P免責聲明
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