OK, so the battery released it's energy to the south.
So far so good.
Now it's decision time for a further plunge, or a rebound.
Rebound
Price is sitting at the orange center line and the 50 week MA. If those don't give support, then a plunge is very certain.
Plunge
The plunge could last to the white WL = Warning line or to the orange L-MLH. = Lower-Medianline-Parallel.
The grey line is a weekly Trendline. It marks where apple could land finally, before swinging up again.
So far so good.
Now it's decision time for a further plunge, or a rebound.
Rebound
Price is sitting at the orange center line and the 50 week MA. If those don't give support, then a plunge is very certain.
Plunge
The plunge could last to the white WL = Warning line or to the orange L-MLH. = Lower-Medianline-Parallel.
The grey line is a weekly Trendline. It marks where apple could land finally, before swinging up again.
Trade closed: target reached:
TNX...
...Next.
...Next.
