$Aapl, How about them apples?
Smash the like button and the follow button!
This is a follow up to the previous chart posted, also containing a previous days disclaimer as the information still applies(110-112 zone note).
Apple had a huge day today, but many analyst are calling for the market as whole to be heading back downwards, can Apple keep the steam?
Breaking out towards the upside out from a falling wedge, Apple had a CRITICAL day that was necessary for any hope of a recovery soon.
Apple needs to hold this zone and break over 112-113 to confirm a trend change and breakout towards the upside.
RSI has space to run, which is a good thing, but it needs to take advantage this week to get out of these middle/danger zones.
Youll also see there was a partial gap fill that has recently occured (purple zone)
A close directly in the vicinity of the 50 day moving average gives the hint that this one could be ready to head back up, we just need a couple more confirmations via price action, and Apple could be back into a bullish mode.
This is a follow up to the previous chart posted, also containing a previous days disclaimer as the information still applies(110-112 zone note).
Apple had a huge day today, but many analyst are calling for the market as whole to be heading back downwards, can Apple keep the steam?
Breaking out towards the upside out from a falling wedge, Apple had a CRITICAL day that was necessary for any hope of a recovery soon.
Apple needs to hold this zone and break over 112-113 to confirm a trend change and breakout towards the upside.
RSI has space to run, which is a good thing, but it needs to take advantage this week to get out of these middle/danger zones.
Youll also see there was a partial gap fill that has recently occured (purple zone)
A close directly in the vicinity of the 50 day moving average gives the hint that this one could be ready to head back up, we just need a couple more confirmations via price action, and Apple could be back into a bullish mode.
כתב ויתור
המידע והפרסומים אינם אמורים להיות, ואינם מהווים, עצות פיננסיות, השקעות, מסחר או סוגים אחרים של עצות או המלצות שסופקו או מאושרים על ידי TradingView. קרא עוד בתנאים וההגבלות.