Sunday, October 31, 2021

AAPL buy zone $142-$145, price target $175, if it is above $141

 Weekly View

AAPL is completing an ending diagonal - in wave 5. It has to stay above $141 for this to be valid. The price target is $175 by Q1 2022. Once AAPL completes wave 5, it will give a generational buying opportunity. I plan to get out of AAPL once it hits $175 and I'll wait for the dip. I'll post more on this once it reaches $175. The overall market is bullish as indicated by the green Ichimoku weekly clouds in QQQ and SPY. No worries of the entire market crashing or catastrophe as of now.

Daily View


Daily view shows RSI is still overbought and some more corrections on the cards. Expecting price to stay above $141.7, and it will hit $162 to complete wave 3 of 5. Then some sideway movement and finally wave 5 of 5 with a conservative target of $175.


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