Apple (
AAPL) is reversing towards the downside
Click chart above to see the detailed analysis👆🏻
Over the past couple of months Apple rallied more than +50% without showing any weakness on the smaller timeframes. Some profit taking is totally expected and with market structure perfectly aligning, this could develop into a significant correction.
Levels to watch: $250, $200
Keep your long term vision,
Philip (BasicTrading)
AAPL) is reversing towards the downsideClick chart above to see the detailed analysis👆🏻
Over the past couple of months Apple rallied more than +50% without showing any weakness on the smaller timeframes. Some profit taking is totally expected and with market structure perfectly aligning, this could develop into a significant correction.
Levels to watch: $250, $200
Keep your long term vision,
Philip (BasicTrading)
Zlecenie aktywne
Trading update on Apple (AAPL):Click chart above to see the detailed analysis👆🏻
Here we go now, finally seeing the expected rejection at the channel top with a candle of -7% so far in January. It is even more likely that this will turn into a significant top formation with a potential retest of the previous all time highs. Overall however, the bullish uptrend remains intact.
Levels to watch: $250, $200
Keep your long term vision,
Philip (BasicTrading)
Transakcja zamknięta: osiągnięto wyznaczony cel
Trading update on Apple (AAPL):Click chart above to see the detailed analysis👆🏻
Although the entire stock market is heading for new all time highs, Apple is struggling to keep up with the rally and has actually been dropping -12% over the past couple of days. This short setup was simply expected and within the next couple of weeks, we will see a retest of the support level.
Levels to watch: $200
Keep your long term vision,
Philip (BasicTrading)
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#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
Wyłączenie odpowiedzialności
Informacje i publikacje nie stanowią i nie powinny być traktowane jako porady finansowe, inwestycyjne, tradingowe ani jakiekolwiek inne rekomendacje dostarczane lub zatwierdzone przez TradingView. Więcej informacji znajduje się w Warunkach użytkowania.