$AAPL’s woes telegraphed in November long before Wednesday’s news came out.

GMI0/6
GMI-24/8
T210812%

A stock tops out long before its earnings do. That is the value of  technical analysis. This daily Guppy chart shows that AAPL entered a BWR pattern in early November with all of its shorter and faster moving averages (red) declining below its longer term averages (blue). The media pundits who rely on the fundamentals and news  to forecast a likely move are usually late and wrong. Stocks discount the future. So why are all world markets declining? Stay tuned…..

 

8 thoughts on “$AAPL’s woes telegraphed in November long before Wednesday’s news came out.”

  1. Great stuff as always Dr Wish! Very much appreciate this blog!!! If we have have not moved into 100% as you did, is it to late to do so at these levels? thanks so much for your help!

Leave a Reply

This site uses Akismet to reduce spam. Learn how your comment data is processed.