Apple: BlackoutApple is currently preparing for Black Friday and paving its way to to the top. We're expecting the course to exceed the resistance at $157.50 to complete wave (B) before dropping below the support line at $129.08 into the grey zone between $126.62 and $109.22, establishing new lows. After completing the white wave IV, the course should turn upwards and rise above the support at $133.20.
Appleshares
Apple Shares will Collapse this Year (I am buying this option)I hate stocks alright. I am also not a fan of apple. But I figured I'd turn the old money printer back on and buy a put option on apple for Nov 19 @ 135. Far out of the money, but it fits my risk tolerance and gives apple time to fall. Not financial advice, just saw an opportunity for myself and perhaps you guys too. My put is already up 60%, I'm holding till I feel apple has fallen enough, but take profits when you want. I am expecting apple shares to fall below 135 as
a major selloff occurs in the stock market. It may be this year, maybe next, but it will happen. Apple shares are in a bearish pattern (distribution), and also has bad press as privacy concerns arise.
Apple shares - How far can it go?This is not healthy... Apple going parabolic... When is Huawei going to launch and when is Xiaomi going to take over a bigger part of the market?
Could Apple's Stock crash early 2021 after the elections? I think we could see one more huge leg to the upside on Apple to 200-300 levels where it should crash at some point.
On the other hand US prints trillions. Still it does not affect the valuation of USD because this money is flowing right into all the big american companies.
Imagine those trillions flowing back into USD. There would be so much USD in circulation that USD would lose so much value. If they want to devaluate USD that's their way to go.
But probably that's not their goal and probably it will never end xD
Crazy, nearly 2 trillion in market cap.