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APPLE What happens when the bubble bursts?

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NASDAQ:AAPL   Apple Inc
I am not some end-of-world theorist, I am just applying Jean-Paul Rodrigue's Stages of a Bubble of the Apple Inc stock.

I do believe that the current price correction is not over, as the MMAR shows that since 2008/09 each correction has been longer than the previous one. And currently Apple isn't even halfway through.

But if we apply the Stages of a Bubble theory we see that after the Hyperwave (parabolic rise) was completed in 2018, Apple is current on Phase 6. Despite the big technical Resistance forces, this is also the psychological stage where investors believe that the price "returns to normal". What theoretically happens next is a super strong sell-off (Phase 7) where the asset "returns to the mean". A -80% correction from the top puts Apple's stock roughly at $47.

I have to state again the obvious that it is too early to consider this price scenario plausible but since I believe that the current correction phase will last longer, I do expect the 2019 low to be revisited ($142.00).

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