Quick idea.
Last week, the Apple Inc common stock hit its all-time high near the 323.33 level. But yesterday, the stock opened with a large gap to the downside, which it failed to fill during its trading hours. In addition to that, the share price broke and closed a below a short-term upside line drawn from the lowest point of December.
For now, the short-term outlook looks slightly bearish, but we will keep a close eye on the earnings, released tonight after the US closing bell.
Please see the chart for levels, targets and the alternative scenario.
Don't forget your stop-loss.
Last week, the Apple Inc common stock hit its all-time high near the 323.33 level. But yesterday, the stock opened with a large gap to the downside, which it failed to fill during its trading hours. In addition to that, the share price broke and closed a below a short-term upside line drawn from the lowest point of December.
For now, the short-term outlook looks slightly bearish, but we will keep a close eye on the earnings, released tonight after the US closing bell.
Please see the chart for levels, targets and the alternative scenario.
Don't forget your stop-loss.
Nota
Please join our daily live quick technical market overview webinars - Trader’s Espresso and Trader’s Tea Time - on JFD Bank YouTube and Facebook pages.Trader’s Espresso – 07:00 GMT
Trader’s Tea Time – 14:15 GMT
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.