If we look at AAPL this week, it's the most bearish asset this week. But how can we confirm that there's room for APPL to trend lower. After invalidating the weekly bisi there are no PD arrays to support price higher or to hold it. Next, indices are bearish! In Daily and H4 tf, it leaves FVGs without being retraced to while indices, especially QQQ and other tech stocks retraced to these FVGs, signaling AAPL extremely bearish and could now target daily or weekly targets from previous months.
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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.