The APPL (Apple Inc) chart recently printed a very strong bearish candle in the last week of August. We can see that each time a bearish candle shows up a strong drop follows.
The candle of late August is the strongest bearish candle we've seen in the past few years, this might be signaling that the potential drop could be strong.
We saw a drop of 35% back in March and another 39% one back in Dec. 2018.
A similar drop now would put APPL close to EMA50 or 89.94, lower prices are possible.
You re dreaming buddy :) that would be a fantastic discount .It may double bottom slightly above or below your 21 EMA but dropping till EMA 50 is too much, I think ! Lets see and thanks for your hard work !
And what about all the other bearish candles, that did not lead a a strong drop? This looks more like a confirmation bias rather than an analysis
AlanSantana
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@LeanWave, Look at the chart and hit play.
Give it time and we see how it plays out.
cher9al
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OMG i so wish, dying to pick up appl at those rock bottom prices! The last supposed dip to hit below 100 never happened. I'm still waiting
DJ123
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Totally agree! I have my buy in area around 85. Keep up the good work. Patience is key!!
UnknownUnicorn6361804
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An $89.94 price point would be a steal for a company like AAPL! Unless something crazy happened, it's very likely that AAPL will stay above $100. But we shall see!
InkyGrip
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Nice work my friend! 🦐👍🏻
mikiz51
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right just like you said for btc .. okay makes sense another covid crash like march LMFAOO man you are the best counter indicator
bestoch
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@mikiz51c7, hahaha the market nearly doubled its value since March and people still believing in a second crash. Killing it Miki :)