Look at multiple time frames, and see:
red 2 down day last Friday
week still a green 2 up, but notice how it took out previous week high(s) and then crawled back close to last week's high
similarly to what
QQQ and
SPY did
aggressive (institutional) buying -with likely continuation- tends to close at the high
instead, the weekly has a bit weaker look to it now
IF THIS THEN THAT
IF AAPL will get back into the weekly range
THEN we might see 171 area again ....
red 2 down day last Friday
week still a green 2 up, but notice how it took out previous week high(s) and then crawled back close to last week's high
similarly to what
aggressive (institutional) buying -with likely continuation- tends to close at the high
instead, the weekly has a bit weaker look to it now
IF THIS THEN THAT
IF AAPL will get back into the weekly range
THEN we might see 171 area again ....
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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.