TheTrex

AAPL - Bearish Divergence 2W & Ascending Broadening Wedge

TheTrex Updated   
NASDAQ:AAPL   Apple Inc
APPL looking bearish on the larger timeframe, a bearish divergence is present and also an ascending broadening wedge pattern (ABW).

Info on info on ABW-pattern: www.elliottwavemarke...ng-Wedge-Pattern.png
Comment:
Support is on Ichimoku cloud, best bet to exit or long again.
Comment:
THE ABW-pattern is between the yellow line on price and the middle line of the pitchfork. The dashed line is the middle line of the wedge.
Comment:
Reached Target Zone
Trade active:
I expect a relief rally on stocks now.

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