AAPL retesting Golden Fib of its Genesis Sequence: $159.11
Updated
Part of my ongoing analysis (see links below).
Apple topped exactly on a Genesis Fib.
Now we have retraced to a Golden level.
$159.11 would be a good end of correction.
It is PROBABLE that we orbit this fib for a while.
It is POSSIBLE that we go below and slingshot up.
It is PLAUSIBLE that we fall thru and never surpass.
Here is the Full Genesis Sequence and explanation (click)
That fib plus local fibs made this Map of the Top
And produced this major roadmap a YEAR ago!
Apple topped exactly on a Genesis Fib.
Now we have retraced to a Golden level.
$159.11 would be a good end of correction.
It is PROBABLE that we orbit this fib for a while.
It is POSSIBLE that we go below and slingshot up.
It is PLAUSIBLE that we fall thru and never surpass.
Here is the Full Genesis Sequence and explanation (click)
That fib plus local fibs made this Map of the Top
And produced this major roadmap a YEAR ago!
Note
Nice Bounce!Out of orbit and slingshot north
.
Zoom in (4hr) and add two local fibs from local Impulses
So we can watch the other strands with interest.
.
Zoom WAY in (1 min)
Good response to local and mid-tf fibs.
Says all of our fibs are still relevant.
.
Zoom OUT a bit (15 min) so we can map the nearby confluences
Next serious resistance will be 172.xx.
Immediate support to hold will be 163.xx
.
SUMMARY:
- Nice bounce on Genesis fib.
- Bullish close right at a local fib.
- Now watching 172 above and 163 below
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