WILL AAPL be able to Cross Over the $644
I commence with my gratitude to The All-Knower
The Question, I had posed in my latest AAPL Forecast and then answered it.
I had stated in my previous forecast that AAPL shall stay low, below the level of $644 at least until July 11 and July 17. These were the time cycles I was watching for AAPL. As these dates were generated by one of the AAPL's DNA time cycles. These two dates, did create reversal in the price trend which was preceding prior to said dates.
However, these time cycle did not create the commotion which could have have lead AAPL to go beyond $644 brick wall resistance. Thus, my second forecast beyond 07/17,was contingent upon the price reaction created by said two time cycles.
Therefore, I predict that AAPL shall not be able to go above the $644 price level. Rather, the positive response, if any given to the AAPL earning shall fade away soon after the earning, may be the next day.... thus, only to create a sell off thereafter in AAPL prices. (If AAPL does happen to gap up at earning, it shall only create a bulls trap). Therefore, AAPL shall stay low until next month of August. As a matter of fact, I see a decisive low being created on the dates of either August 08/09 or August 15. One of these dates shall create a low, which shall be followed by a vertical and parabolic move higher. Thereafter, AAPL shall be able to cross over $644 brick wall resistance.
What does that mean for S&P and NASDAQ, which would be heavily affected, if AAPL were to start another leg of serious sell-off?
Then, S&P's attempt the surmount the level of $1,400 would have to wait a little bit longer...
I commence with my gratitude to The All-Knower
The Question, I had posed in my latest AAPL Forecast and then answered it.
I had stated in my previous forecast that AAPL shall stay low, below the level of $644 at least until July 11 and July 17. These were the time cycles I was watching for AAPL. As these dates were generated by one of the AAPL's DNA time cycles. These two dates, did create reversal in the price trend which was preceding prior to said dates.
However, these time cycle did not create the commotion which could have have lead AAPL to go beyond $644 brick wall resistance. Thus, my second forecast beyond 07/17,was contingent upon the price reaction created by said two time cycles.
Therefore, I predict that AAPL shall not be able to go above the $644 price level. Rather, the positive response, if any given to the AAPL earning shall fade away soon after the earning, may be the next day.... thus, only to create a sell off thereafter in AAPL prices. (If AAPL does happen to gap up at earning, it shall only create a bulls trap). Therefore, AAPL shall stay low until next month of August. As a matter of fact, I see a decisive low being created on the dates of either August 08/09 or August 15. One of these dates shall create a low, which shall be followed by a vertical and parabolic move higher. Thereafter, AAPL shall be able to cross over $644 brick wall resistance.
What does that mean for S&P and NASDAQ, which would be heavily affected, if AAPL were to start another leg of serious sell-off?
Then, S&P's attempt the surmount the level of $1,400 would have to wait a little bit longer...