Comments on: AAPL & Nasdaq 100 Analysis & Price Targets

By: Jeff Vandenburgh

Jeff Vandenburgh — Fri, 04 Aug 2023 16:47:38 +0000

Have you ever seen a more bullish market. My account just went into new all time losses. Never have I had less money in my account. I’m nearly broke. Because I keep shorting.

By: rsotc

rsotc — Fri, 04 Aug 2023 13:05:28 +0000

In reply to Mikeflegel.

Let’s not forget the $3T kiss of death headline: https://rightsideofthechart.com/aapl-3t-market-cap-kiss-of-death/

So far, AAPL has only managed to gain a mere 1% on a daily closing basis (this Monday) above that June 30th $3T milestone headline, basically going nowhere for the entire month since hitting that $3T mark.

Battle far from won yet though, as the AH reaction isn’t what counts, rather how the stock trades today & next week in the regular session once all players step onto the field, particularly the big institutions.

Regarding the potential sell signal with a close below that weekly uptrend line today, as I like to say, “the redder the better” so let’s see how that weekly candle closes at 4pm today.

By: Mikeflegel

Mikeflegel — Fri, 04 Aug 2023 12:49:51 +0000

Thanks randy this is one that we can really use. You made this same prediction and the reasons why thanksgiving of twenty two. You certainly got that one right. The next year was brutal even for warren.

By: david k

david k — Fri, 04 Aug 2023 03:28:34 +0000

Randy thanks for sending this out in the evening. I just took a look at the 60 and 15 minute nq charts and while I see those bear flags I can also see an inverse head and shoulders possibly setting up. What do you think?