AAPL (Apple INC) - SELL strategy
We formed a HAMMER TOP within the regression channel.
The likely move will be correction downward back to middle regression $ 163 support.
The stochastic is on high side, and the RSI is showing extreme overbought conditions (we have seen worse as a note), but considering the channel, Sell strategy makes sense $ 179-181 for move back to $ 163 > $ 145.
The likely move will be correction downward back to middle regression $ 163 support.
The stochastic is on high side, and the RSI is showing extreme overbought conditions (we have seen worse as a note), but considering the channel, Sell strategy makes sense $ 179-181 for move back to $ 163 > $ 145.
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.