alanmasters

APPLE INC. (AAPL) Strong Crash Incoming!

NASDAQ:AAPL   Apple Inc
I see strong bearish divergence shown on the RSI for the APPLE INC .’ chart. This is an indication of an upcoming crash.

Last time this type of divergence showed up, APPLE INC .’ crashed by over 50%. You can expect something similar this time.

When the crash starts, expect to find support at the following levels:

(1) 195.99
(2) 142.96
(3) 110.79

Thanks a lot for reading.

Please like if you enjoyed this analysis.

Namaste.
Comment: We are reaching our first support. Going down as expected.

Comment: (1) 195.99 - Target hit
(2) 142.96 - Next target
(3) 110.79
Comment: We are now below EMA10. Crash will continue:
Comment: We are half way there, it will continue dropping. Soon we will hit our second target:
Comment: (1) 195.99 - Target hit
(2) 142.96 - Target hit
(3) 110.79 - Next target
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Apple is announcing their earnings for Q3 this Thursday. Do you think it will still go down in price even if earnings are reported positive? The whole stock market seems to be going into bear market territory.
+3 Reply
@shaggad, According to the charts it will go down regardless of what they report.
+2 Reply
shaggad alanmasters
@alanmasters, there is a saying, the bull takes the stairs but the bear jumps out the window. Will be keeping an eye on this. Thanks for your work.
+1 Reply
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