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Cycle Analysis: AAPL to 140 - Jan 2021?

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Apple, AMZN and MSFT, unlike GOOGL and others are yet to reach new highs. AAPL, AMZN and MSFT follow a similar cycle and have been aligning nicely with this cycle.

Big Yellow Line: AAPL shows signs of aiming for new highs having broken out of the yellow line set by previous highs of 2 Sep and 13 Oct.
Note that AAPL gaps up on 4 and 5 Nov to break out of this resistance and tests the line as support on 11 and 24 Nov.

Big Red Line: This will be the main resistance for new high. Tested as support on 23 Mar and 24 Jul. Tested as minor resistance on 26-27 Oct and 5 Nov.

Red dotted line: Historic resistance from July 2019 and Jan 2020. This line suggests if AAPL was growing on a normal trajectory (without a covid and stimulus extended market), AAPL could have tested this high by 2021.

Green lines: These two green lines test historic highs and historic lows and align perfectly with entry marking. I love seeing when a number a signs merge together!!

I will test the cycle until entry date now.
Entry: 112.50 around December 21. Based on cycle analysis, 41-45 days before earnings shows a dip buy opportunity for AAPL

Exit: AAPL peaks 15-17 days before Earnings. Low price target - 131 (half position sold) . High target - 140

Good luck traders!

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