Risinf channel contiues to hold apple up on the trend. Today we attempted a break but bulls controlled the level. It’s not gaurenteed it’ll contiue to hold true but it was been reliable.
I personally think apple will contiue in this uptrend at least to tap the downtrendinf roetsance that is marked from the high of March 2022 and august of 2022
If we tap this high trendline it should align around 170$. This might be a great short idea potentially if we get rejection and sellers come in. The last 2 taps on this trendline has resulted in a large down trend start.. Howver this would be the 3rd attempt at the trend reostanxe too, so if we do reach it, it doesn’t HAVe to start a big move down. Either way this is my thoughts and for now I will remain bullish apple until this trend is broke.
There is also a large inverse head and sjoudlers that’s still playing out which technical target is from the neckline to the size of the head, which has a 187$ target
I personally think apple will contiue in this uptrend at least to tap the downtrendinf roetsance that is marked from the high of March 2022 and august of 2022
If we tap this high trendline it should align around 170$. This might be a great short idea potentially if we get rejection and sellers come in. The last 2 taps on this trendline has resulted in a large down trend start.. Howver this would be the 3rd attempt at the trend reostanxe too, so if we do reach it, it doesn’t HAVe to start a big move down. Either way this is my thoughts and for now I will remain bullish apple until this trend is broke.
There is also a large inverse head and sjoudlers that’s still playing out which technical target is from the neckline to the size of the head, which has a 187$ target
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.
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.