Zebre_Trader

APPL : Logarithmic study + fibonacci

Corto
Zebre_Trader Actualizado   
NASDAQ:AAPL   Apple Inc
Hello guys,

Based on this logarithmic chart, coupling it with historical data and fibonacci retracements, we can predict that the APPL stocks will hit around 121-124 ( the circled area).

Log charts help us figure out market cycles. We can notice that the buying power is becoming much lower for APPL signaling the beginning of the end for this company, which fundamentally, is starting to make sense.
Comentarios:
Here's an update on a normal chart :
We can notice every retracement that happened surpasses a little bit the previous ath
Comentarios:
This is without the fibonacci's to make it clearer:

Comentarios:
Apologies for the Fibonacci's. I have made an error on the first one
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