AAPL has finished a "Expanded Flat" in a "Minor"-wave 4 probably and is in a very strong upswing! This upswing made more than Fib. 0,786 of the preceeding "Minute"-wave c! On Friday, the blue resistance line has been broken to the upside and the price is on the level of former wave 3 ("Minor"). This seems to be a very bullish signal! For further interst see below, when I switch to 15min chart:
Nota
Nota
AAPL one of the big 5 of DJI is very important (See Wiki)! If you look at the price developement of the last 3 days, you can't ignore the fact, that AAPL didn't even retrace to 0,236!In my optimistic view, I considered "Minor"-wave 3 to be at 2017-11-09 ($176,23) with an "Expanded Flat"-pattern, terminating a "Minor"-wave 4 at 2018-02-09 ($151,76). In this case, the next upswing should be in a "Minute"-wave 1, which I can't see (!!!), because there has been no significant consolidation so far! So, last breakout on Friday, could have been a false signal or bull trap!
2nd possible Scenario: Given the fact, that "Minor"-wave 3 would be on 2018-01-16 ($179), AAPL would be in a "Minute"-wave b and has retraced more than Fib. 0.786. In this case AAPL would be in an ABC correction, which I can't see either.
That's why I'm bearish for the very shortterm for AAPL!
Penafian
Maklumat dan penerbitan adalah tidak bertujuan, dan tidak membentuk, nasihat atau cadangan kewangan, pelaburan, dagangan atau jenis lain yang diberikan atau disahkan oleh TradingView. Baca lebih dalam Terma Penggunaan.
Penafian
Maklumat dan penerbitan adalah tidak bertujuan, dan tidak membentuk, nasihat atau cadangan kewangan, pelaburan, dagangan atau jenis lain yang diberikan atau disahkan oleh TradingView. Baca lebih dalam Terma Penggunaan.