AAPL has turbulence incoming - path is intactAs Bart would say, yo, what's up dudes? So, like, if you're checkin' out the AAPL stock right now, it's lookin' pretty gnarly. It seems like it's gonna go down more, but the real question is if we're gonna hit the top of the channel or not. Personally, I think we're gonna hit the median of the channel and then bounce from there. But, you know, you gotta be super careful right now 'cause futures just rolled and who knows what kinda turbulence that's gonna bring. So, keep an eye out and don't have a cow, man.
Look at the wave master indicator. significant sell signal with ALL. FOUR. WAVES. in overbought right now. If AAPL breaks the median, then we've got one heck of a drop coming. The last time the waves looked like this? January 3, 2022 near ALL TIME HIGH .
Gnarly
“Sometimes you shred the gnar; sometimes the gnar shreds you.”Vail was able to tumble down the slope in a fraction of time compared to its 2 year slide during the Financial crisis that erased 66% of its equity value. I expect the following run out of Vail Resorts: Some chatter and a uphill trek for MTN's stock price in the short-term, but with the 2019-2020 season cancelled, and the 2020-2021 guidance being cut back most likely. (Not to mention a crazy amount of acquisitions & mounting debt) I expect Vail Resorts to ultimately reach the 'value zone' before it becomes a very enticing long position.
TA interpretation + Personal Research = Not investment advice