Hello Traders,
welcome to this free and educational multi-timeframe technical analysis .
On the weekly timeframe you can see that Apple stock is currently approaching a quite massive previous weekly resistance area at the $175 level which is now turned strong resistance once again.
You can also see that over the past couple of weeks, Apple stock had a rally of about 35% towards the upside without any noticable correction, so I am now just waiting for a short term rejection away from the resistance area and then I do expect more continuation towards the upside.
On the daily timeframe you can see that Apple stock is still creating bullish market structure and moving averages are also massively bullish, so I am now just waiting for some consolidation and bearish pressure before I then do expect a short term dump away from the resistance area.
Thank you for watching and I will see you tomorrow!
You can also check out my previous analysis of this asset:
welcome to this free and educational multi-timeframe technical analysis .
On the weekly timeframe you can see that Apple stock is currently approaching a quite massive previous weekly resistance area at the $175 level which is now turned strong resistance once again.
You can also see that over the past couple of weeks, Apple stock had a rally of about 35% towards the upside without any noticable correction, so I am now just waiting for a short term rejection away from the resistance area and then I do expect more continuation towards the upside.
On the daily timeframe you can see that Apple stock is still creating bullish market structure and moving averages are also massively bullish, so I am now just waiting for some consolidation and bearish pressure before I then do expect a short term dump away from the resistance area.
Thank you for watching and I will see you tomorrow!
You can also check out my previous analysis of this asset:
#1 Video Author on @TradingView 🏆
Swing Trader since the Year 2019 💻
Daily Analysis from Monday - Friday 💰
4K+ Traders in Our FREE Community👇
discord.gg/jgdrYXwqyD
Swing Trader since the Year 2019 💻
Daily Analysis from Monday - Friday 💰
4K+ Traders in Our FREE Community👇
discord.gg/jgdrYXwqyD
Pernyataan Penyangkalan
Informasi dan publikasi ini tidak dimaksudkan, dan bukan merupakan, saran atau rekomendasi keuangan, investasi, trading, atau jenis lainnya yang diberikan atau didukung oleh TradingView. Baca selengkapnya di Ketentuan Penggunaan.
#1 Video Author on @TradingView 🏆
Swing Trader since the Year 2019 💻
Daily Analysis from Monday - Friday 💰
4K+ Traders in Our FREE Community👇
discord.gg/jgdrYXwqyD
Swing Trader since the Year 2019 💻
Daily Analysis from Monday - Friday 💰
4K+ Traders in Our FREE Community👇
discord.gg/jgdrYXwqyD
Pernyataan Penyangkalan
Informasi dan publikasi ini tidak dimaksudkan, dan bukan merupakan, saran atau rekomendasi keuangan, investasi, trading, atau jenis lainnya yang diberikan atau didukung oleh TradingView. Baca selengkapnya di Ketentuan Penggunaan.