Long term trend analysis of Apple (AAPL)
-Long term impulse wave
-Periodic corrections during times of market uncertainty
-Possible long entry point in the near future
-RSI indicator (bottom of chart) showing hidden divergence leading into reversal which is commonly seen in price corrections
This is a perfect example of market turmoil possibly providing a good opportunity. If support holds, price reverses and volatility settles Id give Apple a buy. With the streaming service announced and the new IPhone release in the near future, this could shape up to be a solid entry.
-Long term impulse wave
-Periodic corrections during times of market uncertainty
-Possible long entry point in the near future
-RSI indicator (bottom of chart) showing hidden divergence leading into reversal which is commonly seen in price corrections
This is a perfect example of market turmoil possibly providing a good opportunity. If support holds, price reverses and volatility settles Id give Apple a buy. With the streaming service announced and the new IPhone release in the near future, this could shape up to be a solid entry.