RECAP on $AAPL
So as predicted again. WE got the consolidation under resistance on the daily and finished the day choppy and without a decision on where AAPL wants to go. That is represented in the Spinning Top Candle on the daily where buyers and sellers tried but no one won. We didnt get the usual AAPL pump but with so much overhead on the chart it couldn't be done without conviction. The probability of AAPL seeing downside relies heavily on the movements of SPY, but if we get a market wide pullback we could see outselfs at support quick. A break here would have us under the EMAs and my HULL indicator. We will see if anything yields from the bullish spinning top, Any upwards movments from SPY could send us over the daily resistance and up on a bullish trend! Happy trading!
Related publications
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.