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Technology Stocks : Apple Inc. -- Ignore unavailable to you. Want to Upgrade?

To: MGV who wrote (188244)	2/17/2016 9:29:13 PM
From: Stock Puppy	2 Recommendations Recommended By david1951 MGV Respond to of 213177

What?! But it indicated $84 or $158! It never got to either target. You should ask for your money back from Apple then. :-) At least their products work better than their stock price!

To: MGV who wrote (188244)	2/18/2016 10:00:59 AM
From: Moonray	1 Recommendation Recommended By david1951 Respond to of 213177

But it indicated $84 or $158! It never got to either target. No, it did not. Such is often the case with P&F charting. I have explained much of the following in posts to this thread before, do so now for those who missed them. "Bullish/Bearish Objective" is NOT the same as an Analyst's "Point Target" and is not viewed as a prediction. It is an objective for a stock to reach based upon a count measured when a stock turns up/down. I use it as a measure of how powerful the turn is. The charts posted are presented for us at Stockcharts.com, I do not draw them. You can learn a lot more about P&F charting from the library and/or here: stockcharts.com Since most of the time the "objective" does not signal the next turning point, I use them mostly to show the support/resistance areas for a stock. I find it more clear than with an ordinary "H/L/C" chart. P&F was used a lot 70 years ago when charting was done by hand and provided a means to track many stocks without spending an inordinate amount of time on each one. o~~~ O