AAPL's amazingly clear text book Elliott wave count extends even down to the 30-minute time scale.
In bull markets you want to buy stocks stronger than the general market. The daily chart shows AAPL only retraced to its December 2019 bottom. The SPX on its recent drop declined to its October 2019 bottom.
The SPX retraced over 80% of its post 02/28/20 rally.
AAPL has retraced less than 50% of its respective rally.
On 3/6/20 AAPL late day bottom held above its early day low.
SPX late day low was below its early day bottom.
Very high probability AAPL could go up on 3/9/20.
The next rally could bring AAPL to a new all-time high.
Mark
In bull markets you want to buy stocks stronger than the general market. The daily chart shows AAPL only retraced to its December 2019 bottom. The SPX on its recent drop declined to its October 2019 bottom.
The SPX retraced over 80% of its post 02/28/20 rally.
AAPL has retraced less than 50% of its respective rally.
On 3/6/20 AAPL late day bottom held above its early day low.
SPX late day low was below its early day bottom.
Very high probability AAPL could go up on 3/9/20.
The next rally could bring AAPL to a new all-time high.
Mark