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Monday, November 24, 2014

Projected Price Targets For AAPL

Here are some price targets for AAPL using four different approaches.

Setting the Fib retracement point from the April earnings gap projects a 161% Fib level of 118.35 which was exceeded at the close today:

(click on the chart to enlarge)



Setting the Fib rretracement point from the April low projects a 161% Fib level of 122.71:



Using Fib extension to project symmetry price movement from the April low to September high projects a 100% move price target of 125.87:



A long term weekly price channel project the upper channel trendline for this week near 123: