The past 8 weeks have been red for AAPL
We have finally gotten one green candle and i am now on lookout to close my short.
Expecting this week to close a large green body candle we so desperately are over due for
Ill be watching the daily support levels for an entry. Last 2 days closed red, which retraced about half of the little bull run. Ill be watching to see on Mondays opens whether this was a pull back and our journey up is to begin.
If things do turn bloody, i wont be alarmed until we break $170. Weekly candles typically have lower wicks. Wouldnt be a surprise if this week forms one too, offering a great entry.....
Targets
$185 (this was a support level before a gap down which would now become resistance)
If we break above then next stop is 200ma which will end around $193 ish
We have finally gotten one green candle and i am now on lookout to close my short.
Expecting this week to close a large green body candle we so desperately are over due for
Ill be watching the daily support levels for an entry. Last 2 days closed red, which retraced about half of the little bull run. Ill be watching to see on Mondays opens whether this was a pull back and our journey up is to begin.
If things do turn bloody, i wont be alarmed until we break $170. Weekly candles typically have lower wicks. Wouldnt be a surprise if this week forms one too, offering a great entry.....
Targets
$185 (this was a support level before a gap down which would now become resistance)
If we break above then next stop is 200ma which will end around $193 ish
Note
Target of $193 is using daily 200ma, not weekly
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.