Generally, we expect a fall when we observe that there is a failing wedge.
A failing wedge means a weakening upward momentum.
However, Apple rises despite of the existence of rising wedge.
Obivously, there is something special attracting investors to buy the shares
: Pursuing $1 trillion market cap. It is definitely irrational and unusual.
I can't exactly tell the reasons that I think it will start to fall. But I hope u could understand my views through the example of Bitcoin.
The chart of Bitcoin:
A failing wedge means a weakening upward momentum.
However, Apple rises despite of the existence of rising wedge.
Obivously, there is something special attracting investors to buy the shares
: Pursuing $1 trillion market cap. It is definitely irrational and unusual.
I can't exactly tell the reasons that I think it will start to fall. But I hope u could understand my views through the example of Bitcoin.
The chart of Bitcoin:
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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.