Aapl: Around Other Parabolic Breakdown

We don't comment on Apple all that oftentimes too when nosotros create it's commonly because it's a component
of the 3 major USA indexes.
That said, this is an interesting graphic.

From StockCharts, Nov 5:

Apple, Inc. (AAPL) is nada if non repetitive. AAPL experiences frenzied, parabolic advances that are followed yesteryear every bit dramatic corrections. This has happened no less than 3 times inwards the concluding eleven years alongside an average correction of -48%. Now it appears to move happening again, as cost has latterly broken downwards through the most recent parabolic arc. To me the most obvious downside target is most 127, a reject of most -45%. As a technical target it looks reasonable, too it falls inwards work alongside the magnitude of previous corrections.

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Down $5.89 (-2.84%) to $201.59 today.

The damn affair almost achieved escape velocity. Maybe side yesteryear side time.