TRADING TIPS

Question about AAPL New Price Targets

Hubert centers here, let’s take a look at Apple had a question from a viewer how I came to the target of 166 41. On Apple, it is super simple and easy. And you can do it right there on your own charts, I just have a daily chart of NASDAQ, I’m going to remove targets and delete them. And let’s take this most recent low, I will show you exactly where I’m drawing from below was 1126. Okay, and then the next day is going to be 1201 is the high. And then the day after that the low is going to be 1202. So I’m going to mark these for you with actually I’ll just mark them with ink here on this. So this is a low, this is the high. And that is the low. So we’re on a low of 1126, a high of 12. One and then a new low of 1220. So now I’m going to remove those and then show you so that you can see the visuals of this happening in real time. So I’m going to grab a tool on TradeStation called the Fibonacci price extension lines. I’m then going to click at the bottom and hold and drag and click again. And then drag and then click again. That’s what gave me the targets of that week when I did it. It was trading at about you know 160 Let me see 164 next target was 166 Hit it today. And then the target after that’s going to be 172 177 and 180. Now, this is all predicated on obviously, it’s a market proxy stock. So if the market goes up, Apple go up. If the market goes down, Apple will probably pull back some alright. The mother of all bubbles presenting Tuesday Sept. Not September, Dear goodness, it’s not September, it’s December, Tuesday, December the seventh at 12pm East Coast. That’s tomorrow at noon. I’m gonna show you how I plan to profit or how I plan to potentially profit from the mother of all bubbles and I don’t think we’re out of the woods yet. I think it’s gonna get a little worse before it gets better. So I’m going to be doing a webinar on that. You know how to register for a webinar. Good luck. Hope it helps. And I’ll hyperlink you to this page.

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