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
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.