Apple seems to be reaching its major resistance trendline. Seems to be overbought with higher RSI and Simple moving average. Apple, in general, follows this particular channel that I posted not too long ago. Since its the same channel, historical patters will show a bearish outlook of the stock due to its current price mark.
Currently at major support zone
MACD Crossover into positive zone on D Chart
RSI currently at an oversold level, historically jumps
BULLRINGANALYSIS--> FOLLOW FOR MORE POSITIONS
RSI on downturn w/ 4 hr chart.
MACD moving to negative crossover as market reached relatively new highs
Price is currently at a standard deviation above mean, pushing price lower in the short term
IG: @BULLRINGANALYSIS
Tlry is a very interesting pick here. Early stages of company growth but, descending triangle pattern is meeting major resistance level. Bullish signal from this pick, but could be interesting to see what happens at this intersection point. RSI is also in interesting position for growth as well.
not financial advice
IG: @BULLRINGANALYSIS
Triangle Pattern forming on short-term XRP Charts w/ still an upward trend in the long term. Interesting development here as RSI is in good position for growth on the 4hr chart. Likely to see a small drop as it reaches the top of the channel and then an increase when it reaches some key support positions.
not financial advice
IG: @BULLRINGANALYSIS
Easy to say/noted that AAPL has been following an upward trend & triangle pattern for some time now. The beginning of 2019 will be interesting for apple to say the least after massive drop in late 2018. Despite the drop, Apple has MUCH room for growth.
P.S : RSI Levels in good position for upward movement
not financial advice
IG: @BULLRINGANALYSIS
seeing channel breakouts over the past few trading months
RSI is is good position for forward growth in the short term
we can see this price drop to it's second support level (upward trending), and then possibly bullish movement
Increase in adoption as legalization increases in early 2019. Analyst EPS estimate increase in future
not...
IG: @BULLRINGANALYSIS
Despite government shutdown leading into the beginning of January, trend shows price decline leading into the first week or so of 2019.
RSI is following declining trend line
earlier support levels flipping into resistance levels
I would watch for these support/resistance levels indicated on the chart, for we can see fluctuations as DJI...
IG: BULLRINGANALYSIS
upward trend on RSI
Cross on diverging triangles
MA crossover into bull territory
Follows DJI fairly close. Short term decline in realm of possibilities, then small pump upward
not financial advice
IG: @BULLRINGANALYSIS
Why do I see a short position coming ahead?
MA Crossover on the 1w chart
Ascending wedge forming -->going into two different resistance levels where price statistically declines
patterns are starting to form, dating back to early & mid 2018 months
Higher RSI levels relative to average
IG: @BULLRINGANALYSIS
