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Apple Inc
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17 de fev. de 2020
Dip opportunity due to Apple warning on revenue guidance
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Apple just warned on revenue guidance for 2nd qtr 2020. They warned they will miss the revenue due to coronavirus.
No doubt tomorrow, we will see a drop.
Level 1: It will drop to $307 to $310 range
Level 2: it will drop to $295 to $298 range
Level 3: it will drop to $280 to $290 range
Based on what happened January 2nd 2019, it dropped about 9%, which would bring current price to around $296 range (level 2 drop).
But what we have seen many times with Apple, is that after the drop, the next day is a nice recovery.
Wait until end of the day to possible bottom out.
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apple
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