since the original rumors regarding the Apple electric car being assembled by the canadian-owned Magna Company the company stocks have been on the rise. The expectancy went a little bit too far and a divergence in the MACD has currently formed. After a light price correction, the Price might go higher. The first Fibonacci extension was elected as point of exit for the Long... the Hype might push the price higher though... will keep you posted.
Comment:
Analysis was good. Price dropped however sharply after reaching the expected level. A support level needs to be achieved. Maybe a triangle with subsequent downtrend searching for support level.