Good Evening Traders,
As discussed in the linked Monthly candle analysis chart on AAPL we did get a bearish candlestick close on the monthly chart. In this chart I have outlined some support levels to keep an eye out for in case you are short this stock or looking for potential buying opportunities.
The most intermediate support level is at the 108 price area. Subsequently being within the bounds of the large bullish gap we had in September.
The second area of support lies at the 102.67 area which also turns out to be the August bullish gap. You can clearly see that price was bid with strength and the volume to support the move on the support level.
Cheers,
Happy Trading
As discussed in the linked Monthly candle analysis chart on AAPL we did get a bearish candlestick close on the monthly chart. In this chart I have outlined some support levels to keep an eye out for in case you are short this stock or looking for potential buying opportunities.
The most intermediate support level is at the 108 price area. Subsequently being within the bounds of the large bullish gap we had in September.
The second area of support lies at the 102.67 area which also turns out to be the August bullish gap. You can clearly see that price was bid with strength and the volume to support the move on the support level.
Cheers,
Happy Trading
