Tesla is oversold after the robo event, its expected to recover and fill that gap to the upside on the macd pull back, along with money flow bullish divergence all on 1hr chart
apple is primed for more consolidation, mini inverted head and shoulders may form tomorrow sending the price up in to a bigger head and shoulder pattern forming the right shoulder. Rsi is on a down trend as of today. I except support to pick up at 216-217 when we hit the lowest trend formed over the past few months. I do not expect the lower trend line to break...
AAPL has been consolidating and showing strength holding above the gap up, I think it might break out within 1 to 3 days, Cup and handle, inverted head and shoulder in handle
I am expecting the left shoulder to be completed tomorrow with a pull back to the neck line and then the head coming next week bouncing off the lowest possible trendline for this current rally. Tell me what you think about this idea
Double inverted head and shoulders pattern to emerge one on the daily and one on the hourly both having the same head and the market expected low point that follows the current trend lowest points as support, let me know what you think. trade wisely.
