AAPL continues to trade in ~$3.00 Range since 13 AUG - largely mirroring the SPY/QQQ price action (Correlation).
Multiple Supply Zone tests since 13 AUG has resulted in price retreating back to ~50% of the trading range.
Shorts are protecting pretty aggressively (Supply Zone) and multiple tests have failed.
Expect an aggressive breakout if AAPL breaches the top portion of the supply zone (shorts covering) followed by an aggressive push to fill the gap from 10 AUG.
*Not financial advice.
Multiple Supply Zone tests since 13 AUG has resulted in price retreating back to ~50% of the trading range.
Shorts are protecting pretty aggressively (Supply Zone) and multiple tests have failed.
Expect an aggressive breakout if AAPL breaches the top portion of the supply zone (shorts covering) followed by an aggressive push to fill the gap from 10 AUG.
*Not financial advice.
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X: @AuctionFoundry
Clause de non-responsabilité
Les informations et publications ne sont pas destinées à être, et ne constituent pas, des conseils ou recommandations financiers, d'investissement, de trading ou autres fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.
Auction Foundry — see the auction more clearly. Educational tools; not investment advice.
Discord support: discord.gg/df6XEnyGC6
Website: auction-foundry.io
Instagram: instagram.com/AuctionFoundry
X: @AuctionFoundry
Discord support: discord.gg/df6XEnyGC6
Website: auction-foundry.io
Instagram: instagram.com/AuctionFoundry
X: @AuctionFoundry
Clause de non-responsabilité
Les informations et publications ne sont pas destinées à être, et ne constituent pas, des conseils ou recommandations financiers, d'investissement, de trading ou autres fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.