Apple is massively overbought not just on 1D (RSI = 78.279) but more importantly on its 1W technical outlook (RSI = 72.471, MACD = 13.680, ADX = 46.069), coming off a massive 2 month rally on top of its 1W MA50. The price is approaching the top of the 4 year Channel Up, in fact it's the closest to its top since December 23rd 2024. Every time the 1W RSI turned overbought, the index corrected to its 1W MA50 at least. This is why we have TP1 = 270. A break under it, can accelerate selling is a similar manner as the 2022 and 2025 corrections of -32% at least. In that case, expect a bottom closer to the 1W MA200 (TP2 = 220).
## If you like our free content follow our profile to get more daily ideas. ##
## Comments and likes are greatly appreciated. ##
## If you like our free content follow our profile to get more daily ideas. ##
## Comments and likes are greatly appreciated. ##
I trade Crypto, Forex, Indices & Commodities all from one account on PrimeXBT with TradingView charts
Register here👉 investingscope.s.gy/PrimeXBT
Contact me for Account Management (+15% monthly profit)
Telegram👉 t.me/investingscope
Register here👉 investingscope.s.gy/PrimeXBT
Contact me for Account Management (+15% monthly profit)
Telegram👉 t.me/investingscope
免責聲明
這些資訊和出版物並非旨在提供,也不構成TradingView提供或認可的任何形式的財務、投資、交易或其他類型的建議或推薦。請閱讀使用條款以了解更多資訊。
I trade Crypto, Forex, Indices & Commodities all from one account on PrimeXBT with TradingView charts
Register here👉 investingscope.s.gy/PrimeXBT
Contact me for Account Management (+15% monthly profit)
Telegram👉 t.me/investingscope
Register here👉 investingscope.s.gy/PrimeXBT
Contact me for Account Management (+15% monthly profit)
Telegram👉 t.me/investingscope
免責聲明
這些資訊和出版物並非旨在提供,也不構成TradingView提供或認可的任何形式的財務、投資、交易或其他類型的建議或推薦。請閱讀使用條款以了解更多資訊。
