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pejman_zwin
Jan 8, 2024 4:47 PM

🍎Apple🍎 can Fall more than ➖9% Short

Apple Inc.NASDAQ

Description

↘️Apple started to reduce from the 🔴Resistance zone($199.80_$196.40)🔴 with the help of the Head and Shoulders Pattern, and creating a 🔵Breakaway Gap($192.53_$188.44)🔵helped the validity of the pattern and the momentum of Apple's decline.

🏃‍♂️Currently, Apple is moving in the 🟢Support zone($182.95_$181.30)🟢.

🔔I expect Apple to continue falling after filling the 🔵Common Gap($184.25_$183.09)🔵 and breaking all Moving Averages at least until the next 🟢Support zone($168.20_$164.30)🟢(9%). There is a possibility of forming a Double Top Pattern in Apple. If the 🟢Support zone($168.20_$164.30)🟢 breaks, we can expect more fall from Apple.

📚If you want to know about the types of Gaps, you can read the following article.👇



Apple ( AAPLUSD ) Analyze, Daily time frame⏰.

Do not forget to put Stop loss for your positions (For every position you want to open).

Please follow your strategy; this is just my Idea, and I will be glad to see your ideas in this post.

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Comment

I expect Apple to start falling from this area ($184).

Comment

✅Running well✅
Comments
basictradingtv
A -10% correction would be quite healthy after the recent rally!
pejman_zwin
@basictradingtv, Thanks for sharing your idea.
virutandel
@pejman_zwin
any update on this play?
traderdmm
Good analysis, but perhaps we have to fill that gap first.
navidm2
in my opinion apple go up now
kartik190970
Good analysis, is there a possibility for a quick retracement from 184 to 164 ???
pejman_zwin
@kartik190970, yeah exactly, thanks for the comment, and sorry for delay.
pejman_zwin
What is your idea about Apple❗️❓
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