AAPL What Is Wykoff Theory! Wyckoff's theory, a method of technical analysis, is based on the fundamental principles of supply and demand, suggesting that market prices are driven by the actions of "smart money" (large institutional investors). It involves understanding the four phases of the market cycle: accumulation, markup, distribution, and markdown. By analyzing price action, volume, and time, traders can identify these phases and potentially predict future price movements.
AAPL just 3 trading days ago we were at 167.75. Let that sink in if you think this is oversold.. even a retest/ correction to 185 is totally healthy for the long term outlook to 250-300 EOY
AAPL my thesis is we consolidate around 206 till close, push all the way back down to 200-202 premarket tomorrow, then push up to retest 208 so we can gap fill 215-220 (Overnight market touched 215 last night)