Apple Inc

AAPL Bearish For Now

265
After putting in the recent high around $260, many insiders and politicians alike began to sell Apple stock and it has been dropping since.

At the moment, I am open to a potential ABC correction here with a rejection at the textbook 0.618 zone, where I will use a the pivot for the 1-1 trend based fib extension.

I have set some alerts at $210 for potential long trades and will be observing the reaction. We have confluence of the Value Area Low which may drop slightly as price moves into the lows.

Only time will tell!

Not
anlık görüntü
Not
Apple bouncing, but unfortunately looking like it is making a corrective ABC structure here. Target is the 1-1 extension. May entertain short trades at that zone.

anlık görüntü
Not
Potential short trade to look like:

anlık görüntü
Not
Missed my short by $3. Will wait to see how it progresses for potential dip buy

anlık görüntü
Not
Target Hit, time to look for long trades

anlık görüntü
Not
How you like that

anlık görüntü

Feragatname

Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.