Apple 30 SEP - Elliott waves | Gann | Astrology $AAPL

AAPL was rejected at the .618 fib mark (blue box) as expected, but consolidated afterwards, so that we may consider a wave (b) to unfold if price breaches the blue box.

In that case a short-term trade could be considered to capture a potential wave (b).

A put options sweep occurred yesterday, 143 strike/1 OCT expiry, 212 contracts, which we can interpret as bullish sentiment.

The channel median line (blue dotted line) provides support for now.

Several major constellations occur today: Sun conjuncts natal Jupiter and shortly thereafter natal Saturn while in trine with retrograde Saturn. An expansion of volatility may be expected.

Ireland may sign a global corporate tax agreement which would rise the corp. tax for Apple to a proposed minimum of 15%. The deadline is 8 OCT for a statement which may cause AAPL to decline again around that date.


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These abbreviations in the chart describe ideas that are provided as educational information and do not constitute financial advice:

STO = sell to open
BTC = buy to close
BTO = buy to open
STC = sell to close
TD = Theta Decay (for example a strangle or iron condor)

Disclaimer:

The views and ideas expressed in this analysis are that of the maker. They are provided as educational information and do not constitute financial or trading advice.
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