Good Morning Everyone,
AAPL has been struggling as of late. Over the course of the last year it has formed a big head and shoulders pattern, and as of now we are on the cusp of finishing the right shoulder.
On top of this large H&S pattern, we have beautifly retraced back into the golden pocket of the January sell-off. This latest down move has us meeting up with the neck line while also forming a solid bear flag. My assumption is a move through the neckline and confirming a possible downtrend.
Keep an eye on AAPL's next moves. We are at a critical point right now and patients before entering will be rewarding. As of now I feel bearish on AAPL but will wait for confirmation.
AAPL has been struggling as of late. Over the course of the last year it has formed a big head and shoulders pattern, and as of now we are on the cusp of finishing the right shoulder.
On top of this large H&S pattern, we have beautifly retraced back into the golden pocket of the January sell-off. This latest down move has us meeting up with the neck line while also forming a solid bear flag. My assumption is a move through the neckline and confirming a possible downtrend.
Keep an eye on AAPL's next moves. We are at a critical point right now and patients before entering will be rewarding. As of now I feel bearish on AAPL but will wait for confirmation.
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.