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Posts posted by cheviot
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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 ). ???
Fib extension
in Shares and ETFs
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At an RSI of 87 on a weekly basis and somewhere near the end of a fib extension...Has Apple had its chips ??? Its priced for perfection ...and as we all know perfection is rare...Take a bite out of Apple , I think the upside/downside is wildly out.....Time to tip over the Apple cart ???