What else is there to say? This will be looked back on as the epitome of the 2020 stock market bubble akin to Cisco back in the dot com era. A sign of our times. This chart is a thing of beauty, but unfortunately the music has come to a stop. I don't suppose Elon becoming the richest man in the world, changing his name to "the Technoking" and shilling Doge on...
As you can see, AAPL has been extremely predictable on the monthly chart dating back to December '07. The RSI is forming a tightening wedge and we are currently nearing the top. The last 3 times we have hit the resistance line of the wedge, AAPL has corrected at least 30%. I would expect another 30% correction imminent if we top out near the end of the month. It...