Hello Everyone,
There is a very strong divergence on the RSI for APPL, we can also see the price slowly moving up but with no strength. Looking for a possible short entrance if the price break below the bearish flag. Price target of 133-135. On the other hand, if the price breaks above the bearish flag above, I would look for a price target of 158 and then a reversal to touch the bottom trendline (support) close to the 140 price. We are still moving in a bullish trend in higher timeframes, but there are still opportunities within the smaller timeframes.
Thanks for reading.
There is a very strong divergence on the RSI for APPL, we can also see the price slowly moving up but with no strength. Looking for a possible short entrance if the price break below the bearish flag. Price target of 133-135. On the other hand, if the price breaks above the bearish flag above, I would look for a price target of 158 and then a reversal to touch the bottom trendline (support) close to the 140 price. We are still moving in a bullish trend in higher timeframes, but there are still opportunities within the smaller timeframes.
Thanks for reading.
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.