AAPL made a short term reversal at the $260 levels which enables a new calculation of target for the next move down.
the move down is expected to be a short one - with local target at the $233 to $237 range (mid-point $235) then it's not clear where we'll go from there.
Let's watch as this is expected to happen today / tomorrow...
Note: the price projection method here relies on volatility and price structure - but it is much less effective in times of inconsistency like the one we're in now - that's why while it can produce good projections (~70% accuracy) short term, it is not able to do long term projections until the market stabilizes.
Note 2: not sure if anyone is watching these projections, but if you are, you can help me validate the accuracy of these projections. i think so far we've been getting a "hit rate" of 7 or 8 out of 10 with our projections across the various symbols i posted since I started. comments?
the move down is expected to be a short one - with local target at the $233 to $237 range (mid-point $235) then it's not clear where we'll go from there.
Let's watch as this is expected to happen today / tomorrow...
Note: the price projection method here relies on volatility and price structure - but it is much less effective in times of inconsistency like the one we're in now - that's why while it can produce good projections (~70% accuracy) short term, it is not able to do long term projections until the market stabilizes.
Note 2: not sure if anyone is watching these projections, but if you are, you can help me validate the accuracy of these projections. i think so far we've been getting a "hit rate" of 7 or 8 out of 10 with our projections across the various symbols i posted since I started. comments?