2 scenarios here..
1st scenario which im fond of is the H&S to 186
2 scenario is a possible falling wedge setup for ATH
In my experience , you always have to watch that right shoulder on the H&S.. if it doesnt break the neck line to flush lower it will turn into a falling wedge ..
We will find out next week..
1st scenario which im fond of is the H&S to 186
2 scenario is a possible falling wedge setup for ATH
In my experience , you always have to watch that right shoulder on the H&S.. if it doesnt break the neck line to flush lower it will turn into a falling wedge ..
We will find out next week..
Comment:
Minor H&S and Short move is completed to 187.. look for a bounce back to 190-191 to round off Right shoulder for a larger correction in late jan early feb
Comment:
Aapl Drop way further than i first anticipated..
Last gap at 182 closes.. strong support at 181.70.. looking for a buy up here back to 50sma at 190..
Bearish and negated below 180
Last gap at 182 closes.. strong support at 181.70.. looking for a buy up here back to 50sma at 190..
Bearish and negated below 180