APPLE (AAPL/USD): In the top of the channel
Elliot Wave and technical analysis applied
Apple is in the right top of the bullish channel.
Will it correct and breath for some time or will it continue ralling?
Elliot Wave and technical analysis applied
Apple is in the right top of the bullish channel.
Will it correct and breath for some time or will it continue ralling?
It's incredibly overbought since the end of July, so my vote is a correction. What would be the bullish new information that would drive it higher except maybe that Warren Buffet bought more stock?