IphoneX Omen, You’ve Been Warned….
Nothing really got us excited yesterday during Apple’s product release. It’s more of a disappointment than postive. The uncertainly in Apple pricing a product is interesting with the IphoneX. Apple thinks they can capture the premium market, but what we’ve learned about most Americans in this cycle is that they’re broke.
Anyways, the omen in our opinion started with the IphoneX malfunction of the facial recognition application. Immediately, that sent shares lower in <AAPL> lower in upwards of 1%. Fast forward today, and shares are down -1.23% leading to a two day slide around -2%.
Here is an interesting fractal provided by E.Cantoni – Fractals:
iphone 8 soon iphone "hate" pic.twitter.com/lqXral1AsE
— E.Cantoni – Fractals (@ECantoni) September 13, 2017
Apple’s demo of facial recognition on iPhone X fails. Market Top Signaled