Technical Analysis Blog | PUG Stock Market Analysis, LLC

PUG Stock Market Analysis is here to help with SP500 technical analysis, stock analysis and more. Read our technical analysis blog to learn more.

December 13th, 2018: AAPL Monthly Chart

Posted by pugsma on December 13, 2018

8:20 pm EST:   From the AAPL Monthly chart “Big Picture” is pretty clear that AAPL topped Cycle Degree 1 (C1) on Oct 3rd, 2018 at 233.47.   The drop to 163.33 thus far is likely only Primary A (PA) of Cycle Degree 2 (C2).  There should be Primary B (PB) wave of a 50% Fibonacci retracement of PA up to 198.40 before the Primary C (PC) of C2 drop to at least the 38% Fibonacci retracement of C1 at 144.75.  There is strong pivot support at 134.54.

AAPL Monthly:

 

Leave a Reply

Please log in using one of these methods to post your comment:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out /  Change )

Google photo

You are commenting using your Google account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )

Connecting to %s

 
%d bloggers like this: