$AAPL TOP 20
Added 2024-08-17 14:40:19 +0000 UTCNo changes to the chart here from last weekends chart or the one we uploaded during the week but I have added in the 'MELT UP' level if the market goes full bullish towards the elections and if the Fed does not pivot and Rate Cut in Sept.
So far the bounce since the strong sell off has been aggressive and with no pull backs yet, there has been euphoria buying....likely lead by the fact that indicators were showing oversold and regardless if you are bullish or bearish on the market, a relief bounce was due, with either Wave B or a bullish move higher, we won't know until the previous high is tested
Which is why we added $AMZN, $AMD and $GOOG.
The Melt Up target is at the 1.618 Fib at $286, meaning, Buffett will likely miss out on a 50% gain from where he sold....IF this happens, it is not a regular error from the godfather of investing.
Comments
Apple will be 4 Trillion soon after the elections. They have been at 3 Trillion mark for past 3 years. 4 trillion is long due on apple.
NalaikPanda
2024-08-17 15:35:53 +0000 UTC
