Notice: Function _load_textdomain_just_in_time was called incorrectly. Translation loading for the wordpress-seo domain was triggered too early. This is usually an indicator for some code in the plugin or theme running too early. Translations should be loaded at the init action or later. Please see Debugging in WordPress for more information. (This message was added in version 6.7.0.) in /nas/content/live/fibonacciqueen/wp-includes/functions.php on line 6114
Mad Money: Charts show the S&P’s bounce may be ‘ephemeral,’ Apple poised to rally - Fibonacci Queen

Deprecated: Function wp_make_content_images_responsive is deprecated since version 5.5.0! Use wp_filter_content_tags() instead. in /nas/content/live/fibonacciqueen/wp-includes/functions.php on line 6114

Mad Money: Charts show the S&P’s bounce may be ‘ephemeral,’ Apple poised to rally

March 3, 2020 — “The charts as interpreted by Carolyn Boroden suggest that some stocks might be safer to pick at here, like Apple, but the broader S&P 500 might not be out of the woods yet,” Jim Cramer said. “As we saw today, yesterday’s huge bounce could prove to be a tad ephemeral.”

There are greater odds that shares of Apple can continue an uptrend, based on Boroden’s approach. Her Fibonacci methodology, ratios used to predict price movements, found that Apple may have a floor of support at $256 per share.

Click here to view this on CNBC.