If you look at the weekly AAPL chart and place an Andrews Pitchfork from the March'22 Low to the March '22 high to the June 22nd low.... and another one from the Jun '22 low to the Aug '22 high to the Jan '23 low then you will see the two midlines cross at a point in confluence with the past two weekly highs, which is ATH's I might add... this is also in confluence with channel highs... With that being said I would like to look for a good entry on a spike into this same area, 185ish, for a nice swing to new 52 week lows.
This is not Financial Advice
This is not Financial Advice
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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.