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| AAPL Forecast 4-23-12 |
I have been watching AAPL very closely. I had recently published the forecast, based upon AAPL certain price cycle squaring. AAPL forecast was right on, and it has fallen exactly within my first target zone of $90 drop.
However, since the day, I had posted the forecast, something was asking to pay more attention to its current dominant time cycle. I have been looking and searching, but I could not put my finger on the dominant time cycle at the current interval of time. Something had been bothering me in my stomach about AAPL current price cycle, none of the AAPL time cycle (known to me) really were co-relating to its current price pattern. Then finally, today, it dawned on me ……… A certain replication of the time cycle, AAPL follows after every certain interval, that fits perfectly with the current price cycles…………. The moment of AHA….!!
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| Stock Markets Forecast 4-23-12 S&P-50 Forecast 4-23-12 |
Whenever, this time cycle came upon AAPL, it caused a price drop of about 29.8% (and up-to 35.8%) from its preceding swing high. By applying the similar time cycle strength’s affect upon the current price levels of AAPL, I get certain price targets for AAPL. Which are much lower than current price levels and these are, $448, $433, $413.
Please remember AAPL loves Zig Zag moves….
Based upon the time cycle analysis, if this forecast is correct, then AAPL shall stay low until July 3rd week and/or shall find its final swing low bottom in the first week of August.
That means
IF this is wrong, then I am dead wrong. …
But, what if, I am correct, then….. I must retract from my current bullish stance about the markets….. at least for now….
IF APPL forecast pans-out successfully, then, Stock markets shall fall at least 11% from its recent peak on 04/02. That means that S & P-500 is going to test 1,272-1,282 area…
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