Apple: What the Fibonacci Queen whispered to Cramer (video)

A primer on Fibonacci levels, and a prediction that the next run could take Apple to $243.

Cramer: Charts suggest Apple’s stock could bottom this week and then soar to new highs from CNBC.

My take: Can’t think about this now. The UPS guy just handed me my new MacBook Air.


  1. Fred Stein said:

    Has the Fib Queen tested her algorithms on other stocks who have bought back 25% of their shares in the few years and will buy back 30% more in the next few years?

    Caveat: My percent estimates are conservative.

    November 7, 2018
    • S Lawton said:

      IBM didn’t make as great an investment but it did buyback $50 billion and Warren Buffett initially cheered the buybacks but sold out after the shares languished for years. Buybacks are not the be all and end all.

      November 7, 2018
  2. Martin Beutling said:

    How lucky we are, that Fibonacci thought about resistance levels some centuries ago while he found that famous group of numbers named after him….

    couldn’t care less….

    November 8, 2018

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