DCA opportunity of a lifetime?
After the disappointments from the Iphone sales, again. We might have just stepped into prices we could never see again in years to come.
Because of these strong levels, and a boring year and a half with no major breakouts. we might see some DCA opportunities arise under the recent trend line breakout that seems to indicate a weaker long term bullish trend in the next few months.
The Fibonacci-golden-pockets usually gives strong levels to enter long positions if the rallies ever where to push the price so deep.
Short term, there looks to be a lot of demand in this current price, and the price will probably attempt a retest towards the recent breakout level. Beyond this short-term time horizon, Apple might be able to maintain its strength and continue the bullish phase it has experienced so far this year.
Because of these strong levels, and a boring year and a half with no major breakouts. we might see some DCA opportunities arise under the recent trend line breakout that seems to indicate a weaker long term bullish trend in the next few months.
The Fibonacci-golden-pockets usually gives strong levels to enter long positions if the rallies ever where to push the price so deep.
Short term, there looks to be a lot of demand in this current price, and the price will probably attempt a retest towards the recent breakout level. Beyond this short-term time horizon, Apple might be able to maintain its strength and continue the bullish phase it has experienced so far this year.
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