People will laugh at you if you say $75 as a price target for AAPL-3.06% . But there are some good technical reasons to believe it might happen, outlined in this chart.
WE have an unfilled gap at $75, and a confirmed H&S top with a technical target that takes us to the gap.
Sentiment has turned and while a move to $75 would be extreme for such a profitable company, extreme things happen in the market more often than we like to think.
Even if you don't like the short, if AAPL-3.06% does freefall, the $75 mark represents an excellent target from which to buy and hold as an investor, if you believe the company is extremely undervalued at such a level.
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WE have an unfilled gap at $75, and a confirmed H&S top with a technical target that takes us to the gap.
Sentiment has turned and while a move to $75 would be extreme for such a profitable company, extreme things happen in the market more often than we like to think.
Even if you don't like the short, if AAPL-3.06% does freefall, the $75 mark represents an excellent target from which to buy and hold as an investor, if you believe the company is extremely undervalued at such a level.
Update status
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Похожие публикации
Отказ от ответственности
Все виды контента, которые вы можете увидеть на TradingView, не являются финансовыми, инвестиционными, торговыми или любыми другими рекомендациями. Мы не предоставляем советы по покупке и продаже активов. Подробнее — в Условиях использования TradingView.
