Yesterday we broke above it.
Then we pulled back this will be the 7th time since 1981.
The odds are that:
A--- We break above the trend line temporarily then we pull back.
B--- We follow along the trend line over the next month or 2 where it terminates around the 285 - 300 area.
C--- Yesterday was the top.
Either way a 40 year trend line is a pretty strong force!
With apple declining sales and there buybacks and no innovation.
I think the writing is on the wall.
All thoughts are welcome.
Thank You
Then we pulled back this will be the 7th time since 1981.
The odds are that:
A--- We break above the trend line temporarily then we pull back.
B--- We follow along the trend line over the next month or 2 where it terminates around the 285 - 300 area.
C--- Yesterday was the top.
Either way a 40 year trend line is a pretty strong force!
With apple declining sales and there buybacks and no innovation.
I think the writing is on the wall.
All thoughts are welcome.
Thank You
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