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edwinpadre
15 okt 2022 20:15

Apple stonks possible roundtrip 

Apple Inc.NASDAQ

Beskrivning

I checked M1 and W1 timeframes in chart just to set possible next supports and resistances in order to trace a roundtrip to long-term invest for Apple stonks.

We can also see in chart that squeeze momentum has a bearish divergence BUT we can also see that CRSI is overselled which makes me think about current bearish trend has not enough strength to imagine (for now) a big price fall.

Also Wyckoff gives us a clue about future moves for Apple stonks because we can expect SOW in Phase B after ST (not confirmed yet) but it seems a typical Wyckoff’s Distribution Schema.

As per expected moves are bearish and bullish ones so i decide to tag this idea NEUTRAL.
Kommentarer
jaybrowndc
You’re thinking AAPL drops next week???? I’m looking at that 127 support …
jaybrowndc
We’re in a bear market right now
Mer