This is a WEEKLY chart. Each candle represents one week of price activity.
It is late so I will make this quick. I drew a few lines on the AAPL chart. There is a horizontal resistance line at about $230. There is an uptrend line that started in late December of 2018. And there is another uptrend line that started in early March of 2019. If you extend them all into early April of 2020, they all meet...
Is AAPL going to get to this intersection at $230 ?? Time will tell.
@TheTrendLineInvestor , thank you for sharing this - i love price projections as they can give some directions to where we can set targets - and i love what you have here. i think the $215 looks more like a stronger level that can be defended if the move down continues. i'll follow this idea for the time being :) so please keep updating.
RobFlorio
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@RedKTrader, buy apple while its down... u will thank urself in a year... its apple. a buffet fav. b4 virus apple was headed to 400 by yrs end.
RedKTrader
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@RobFlorio, thanks buddy - i'm phasing in.. just trying to minimize the pain of holding it going down :)