il y a 12 heures

Apple — A Critical Decision Point Is Here

🟢Apple has been trading under pressure after a sharp bearish move from the highs. Price is now attempting to recover around the kink and Golden Zone, making this an important area for the next move.

🏆Previously:

📈 Bullish scenario

If price breaks and holds above the Golden Zone, we can expect more upside. A confirmed breakout could open the way toward the major resistance zone around the previous highs.

📉 Bearish scenario

If the Golden Zone rejects price and the current structure breaks lower, we can expect more downside. The first major area to watch is the lower support zone, while a stronger bearish move could push price even further down.

Overall, Apple is at a key decision point. Bulls need to reclaim the Golden Zone to regain momentum, while a rejection could lead to another bearish leg. 👀

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Publications connexes

Apple — Recovery Rally Meets a Critical Resistance Zone

par TheZimpact