Hello guys,
Based on this logarithmic chart, coupling it with historical data and fibonacci retracements, we can predict that the APPL stocks will hit around 121-124 ( the circled area).
Log charts help us figure out market cycles. We can notice that the buying power is becoming much lower for APPL signaling the beginning of the end for this company, which fundamentally, is starting to make sense.
Based on this logarithmic chart, coupling it with historical data and fibonacci retracements, we can predict that the APPL stocks will hit around 121-124 ( the circled area).
Log charts help us figure out market cycles. We can notice that the buying power is becoming much lower for APPL signaling the beginning of the end for this company, which fundamentally, is starting to make sense.
Nota
Here's an update on a normal chart :We can notice every retracement that happened surpasses a little bit the previous ath
Nota
This is without the fibonacci's to make it clearer:Nota
Apologies for the Fibonacci's. I have made an error on the first one
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Aviso legal
As informações e publicações não se destinam a ser, e não constituem, conselhos ou recomendações financeiras, de investimento, comerciais ou de outro tipo fornecidos ou endossados pela TradingView. Leia mais nos Termos de Uso.