Apple INC (AAPL) is becoming overbought, and Heikin Ashi seems to indicate we may see a down move soon. The MACD is negative, and RSI daily chart (even corrected a little) is declining, and the weekly chart has RSI near 80.0. The share price is overbought and I feel we may see $ 168 > 150. Sell current 175-180 and place stop-loss $ 185.00. Profit objective for...
Using the combination of line break and Bollinger Band, I feel we are going to correct downwards. The stochastic RSI is also negative, and further we are high into the BOLL top. I prefer to sell at current $ 180-182 with a stop at $ 185 for now. Profit order $ 161-162.
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.
Apple INC shares have been moving upwards and personally feel it's overdone. The GANN fan line break and break-away Gap no doubt shows the market concern buying into the stock heavily. the strategy for the medium-term is still sell between $ 165-175 for a move lower to $ 135. Stop-loss perhaps somewhere $ 180 above, however, would still be a seller at that level.
Now it's the time to sell Apple shares. It is short-term overbought and at the top of the channel and BB band. Sell current $ 161.40 and take profit 152.00 (observe the channel support) and ultimately we will move towards $ 140.00.
AAPL is now reaching a peak for the short-term. The RSI is high, and so is the ADX. The Donchian channel shows small potential to move slightly higher. Strategy SELL between $ 163 - $ 165 for a move back towards $ 139.00
AAPLE 1HR: APPLE CURRENTLY MOVING TOWARDS MULTIPLE TOUCH SUPPORT ZONE WHERE IT WILL MEET 4HR TRENLINE IF THE PRICE RESPECT THE TRENDLINE THEN GO LONG... OR GO SHORT..
Apple is moving towards resistance where it going to meet the downwards trendline..waiting for the trendline break and price confirmation to go SHORT otherwise if it crossed resistance then it will act support to move LONG.
📉 NASDAQ:AAPL SHORT H4 🛒SELL BELOW = 110.60 🎯Target1 = 104.50 🎯Target2 = 100.60 🎯Target3 = 94.40 🛑Stop loss or cancel trade = 120.80 🙈Recommended risk = (1%-2%) #AAPL #AAPLSHORT #SHORTAAPL #AAPLSELL #SELLAAPL
In the event that this area is breached downwards, it is very likely that TREND will descend to the support line
There is a big volume in parellel with the candle + pull back on the vwap, which mean that the market is going to be down
Main DownSide Trend - 132.84 (2015/07/20) & 123.60 (2015/11/04) - BreakedUp 2016/08/01 The question i am asking myself is: "Are all bearish formation are processed - and be left behind ???" the SellOff day in August`15 the selling pressure in january`16 the trendreversal in hune`16 & july`16 the DownSide Gap in may`16 & august`16 From there the...