I know, I know, Apple can do no wrong!
Wonderful company, but the stock price is very lofty . The previous mentioned Sell target worked very well we think.
Looks like price is giving way now, as it is Above the 39 year trend line shown in red.
Prices may come down in a slow choppy manner, and then pick up velocity
as other traders begin to see the problem.
Good opportunity to buy at the lower right green buy box.
Also of note is a large pesky gap that should be filled. Look lower left of chart in red.
The parabolic pink line is not set to time but price. You get the idea... price compression ahead.
Along the way, we have put the power levels for your short term trading needs.
Each power is a major reaction point and falling prices will to to stumble and chop at these points.
-1 power is way down there! I don't know if we'll get there but if we do, that should be solid support for a bullish trade.
Smaller resistance levels know as R bands are started in the series as shown in the upper right corner.
These other resistance levels usually create actionable trades.
Lets make money on AAPLe on the way down.
Wonderful company, but the stock price is very lofty . The previous mentioned Sell target worked very well we think.
Looks like price is giving way now, as it is Above the 39 year trend line shown in red.
Prices may come down in a slow choppy manner, and then pick up velocity
as other traders begin to see the problem.
Good opportunity to buy at the lower right green buy box.
Also of note is a large pesky gap that should be filled. Look lower left of chart in red.
The parabolic pink line is not set to time but price. You get the idea... price compression ahead.
Along the way, we have put the power levels for your short term trading needs.
Each power is a major reaction point and falling prices will to to stumble and chop at these points.
-1 power is way down there! I don't know if we'll get there but if we do, that should be solid support for a bullish trade.
Smaller resistance levels know as R bands are started in the series as shown in the upper right corner.
These other resistance levels usually create actionable trades.
Lets make money on AAPLe on the way down.
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.
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.