Apple folds from Fibonacci resistance

Looked at the setup earlier this week, Apple testing Fibonacci resistance, as taken from a 141.4% extension. That’s led to an $8 move off of the highs, with prices now getting back into the territory of short-term support. Buying opportunities may follow next...
Apple (AAPL) runs into Fibonacci extension

Apple (AAPL) runs into Fibonacci extension

Apple has been on a helluva run lately. My bull thesis here is that while the world ran into a chip shortage, apple became one of the most cutting edge producers of microprocessors. Of course, they’re going to keep most of their supply to feed into their...