I believe over the next month AAPL will be a strong sell.
1st price target: $116.35
2nd price target: retrace $119.86
3rd price target: $107.57
Mind you I am using TOS for charting, so price targets may appear off on this platform.
Based off my technical analysis GLD has been trading in between a channel the past few months. Recently, we saw GLD bounce off the lower end of the channel simultaneously reversing from an important resistance level at $157. This may suggest a reversal to the upper end around $169 in the coming few months. Finally, in support of the resistance at $169, volume...
I started off my research looking at $TSLA P/E ratio (1,112.95), to me, this is extremely overvalued for a company where 80% of their revenue is from cars. Now, you many argue that Tesla does more than just cars, and thats great. But, with all the competition Tesla has with companies like Porsche, Ford and others creating electric vehicles, too much of Teslas...
