AAPL
Monthly - Maximum Available Time
Warning or Opportunity? It is matter of perspective
- For what its worth the monthly candlestick is showing an element of a one-candle reversal
- The chart overall has intense layers of demand
- Price has not touched a critically important psychological level of $200
- The momentum of the decline would need to move at average true ranges of 3-5 points per day to confirm any further downside
So much of the company's success has already been priced in, but why can't it continue expanding if it finally starts investing its cash in newer and better projects for the future.
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