Where could AAPL go from here, if the fear wave continues
AAPLThere isn't much to go on from a price projection perspective (yet) for AAPL - maybe in couple of weeks when the move/market reveals itself - but it's an exciting challenge to try to predict what may unfold.
we only have the last couple of weeks to base the projection on (and they show sudden anxiety and a rush to take some profits at the highs) , plus the historical growth, performance and higher time frame trend.
These are my expected price projections for now *if* the move to the downside is confirmed - with a worst case correction of ~15% - 17%. the other possible scenario is to float sideways for few weeks but remain around the $300 level - as big money tries to keep some excitement to give them a chance to "distribute" after such a big run. after the reaction of the earnings week, i think any move up would not be supported - but we need to consider that there's still big positive momentum / wind behind us, that will take time to dissipate.
the green box is my most probable scenario for ~ mid-March, if a move to the downside develops - definitely need to revisit in couple of weeks. and, i'm a buyer if it goes down to any of these nice levels :) -- i'm totally against going short for now, it's just too risky and would be swimming against a strong current.
But *no one* can predict the future and i might be totally wrong :) - thoughts?
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