Fun With Fibonacci: Apple to $840?

My friend Chris Kimble spies a 20-year and a 30-year resistance line in the long-term chart of Apple ($AAPL) along with "a 261% Fibonacci extension level".  And all three meet at the same price point.

Check this out (Click to Embiggen!)...

 

Source:

Is Apple on its way to $840 per share? (Kimble Charting Solutions)

 

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