AAPL - Bearish Divergence 2W & Ascending Broadening Wedge

Apple Inc.NASDAQ

Description

⋅ Nov 8, 2018 7:29 AM

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: elliottwavemarketservice.com/wp-content/uploads/2010/08/Broadening-Ascending-Wedge-Pattern.png

Comment

⋅ Nov 8, 2018 7:30 AM

Support is on Ichimoku cloud, best bet to exit or long again.

Comment

⋅ Nov 8, 2018 7:33 AM

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

⋅ Dec 19, 2018 4:13 AM

Reached Target Zone

Trade active

⋅ Dec 27, 2018 2:59 AM

I expect a relief rally on stocks now.

Comments

420snoop

⋅ Nov 9, 2018 10:55 AM

AAPL will transition to virtual reality and cars... I've said this for a long time the ultimate 'buy the rumor sell the news' is the AAPL car... Hold until they announce it then sell