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The Long Investor
The Long Investor

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$AAPL TOP 20

$AAPL is now looking very weak, down a whopping -7.5% in the PM now which is a colossal amount for the largest traded company in the world.

A lower low has been made and this is below the 0.38 Fib too, so there is weakness for a standard Wave A pull back and this could go as low as the 0.5 Fib at $192 before completing.

$AAPL makes a lot of its products in the China, so they will be affected by the tariffs more than most, JP Morgan have also said that Sales would be affected by -14% this year as a result of these tariffs.

 

$AAPL TOP 20

Comments

Cap, could we be looking at the start of Wave C already? Long Wave A, followed by a short and quick Wave B and now into a long(er) Wave C. If not, can you explain why?

Massey


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