Awaiting for descending wedge pattern to play out fully in Apple
We are near to the end of the wedge pattern and it is anyone guess when will the price action breaks out from it.
It has fallen almost 30% from its peak and has recently recovered quite a bit but anything can happen within the wedge pattern. It can be a long drawn time period, so one needs to be patient.......
It has fallen almost 30% from its peak and has recently recovered quite a bit but anything can happen within the wedge pattern. It can be a long drawn time period, so one needs to be patient.......
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God bless, it has now break out from the channel and let's hope it is a genuine breakout and continue the rally
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added more last night
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151 is a resistance area it must clear , so i expect some retracement next week
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added more last night
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praise God
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see the gap at 157? if it retraces, i will accumulate more ........
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www.globaltimes.cn/p...202208/1272331.shtml
When 1/3 of your revenue is coming from China, even as businessman, Apple cannot but get involved in the politics of things and choosing sides or giving sensitive remarks would yield consequences that is too large to bear
When 1/3 of your revenue is coming from China, even as businessman, Apple cannot but get involved in the politics of things and choosing sides or giving sensitive remarks would yield consequences that is too large to bear
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would it retrace to 157 gap level ? if it does, i am going to accumulate more
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The gap on the 22nd July has been closed. Let's see if the rebound happens anytime soon.....
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bought some yesterday!
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i am looking to add more next week as it has come to another critical resistance turned support zone
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a bullish engulfing candle. Many stocks and indices were up yesterday. Let's wait for a few more days of confirmation to assess if this rebound is sustainable.
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not buying at the moment but watching closely to see if this current price level can hold. it will be delicious if the price can come to 129 level
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edition.cnn.com/2022...-intl-hnk/index.html
This is not the first time we heard of "sweat shop" operators. Sad that big companies that makes millions are treating employees in this manner.....
This is not the first time we heard of "sweat shop" operators. Sad that big companies that makes millions are treating employees in this manner.....
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I am expecting it to first revisit 129.32 support level where sadly, all gains after 16th June has been erased thus far. If this support level fails to hold, then we can expect it to go further south towards 123 price level or worse 119 level (possible though unlikely....)
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added some last night
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added more last night