Apple Inc . NASDAQDear Traders,
I hope you are having a good time.
Apple Chart Analysis: After a period of upward movement and growth, it has now been 84 days since this stock has been unable to surpass its previous peak. This situation has arisen due to liquidity shortages. At first, we witnessed the breaking of the strong daily trend line, and despite the collection of liquidity from the block decisional, this stock has still failed to break through the ceiling. Ultimately, the second trend line, which I did not draw to avoid cluttering the chart, was broken, leading to a correction.
Considering last week's pullback, as expected, the movement of this stock has begun to head downward, and we are seeing very strong confirmations in this regard. We will be waiting to buy again at the extreme order block, which will be the first buying target on this chart.
I have constructed the chart in a simple and straightforward manner to facilitate easy use and benefit for you, my dear friends.
Thank you,
Fereydoon Bahrami
"A retail trader in the Wall Street trading center (Forex)."