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Fib extension

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Hi Folks.  Happy new year to you all.  Quick qu about a fib extension.  My theory is that Apple is running out of steam around here because If you put in a Fib extension off .....the lows of 2019 you get a fib extension to around $301.  However From which launch point do you extend from ( in an ABC correction) .....A or C  ( i.e the max depth of A of B  or the final drop of C of B ).  ??? 

 

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13 minutes ago, cheviot said:

Hi Folks.  Happy new year to you all.  Quick qu about a fib extension.  My theory is that Apple is running out of steam around here because If you put in a Fib extension off .....the lows of 2019 you get a fib extension to around $301.  However From which launch point do you extend from ( in an ABC correction) .....A or C  ( i.e the max depth of A of B  or the final drop of C of B ).  ??? 

 

ha yes, therein lies the nub. you pay your money and take your chances. subjectivity is at the heart of all indicators, there is no right and wrong way, just your way.

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