Inverse Cup and Handle has formed on Daily with Apple.
The price has broken below the brim level
The moving averages are all bearish 200 <21 <7 -
The first target is $100
CONCERNS
There are bullish signs with global stocks, which might cause a fake out.
We can also see a weak break below the brim level, which could make this analysis wrong.
The price has broken below the brim level
The moving averages are all bearish 200 <21 <7 -
The first target is $100
CONCERNS
There are bullish signs with global stocks, which might cause a fake out.
We can also see a weak break below the brim level, which could make this analysis wrong.
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Trade Well,
Timon Rossolimos
Founder, MATI Trader
(Pro trader since 2003)
www.facebook.com/groups/matitrader
🌐Website:
www.timonandmati.com
💰FREE Discord:
discord.gg/c8f37kyv35
Twitter:
twitter.com/timonr
Trade Well,
Timon Rossolimos
Founder, MATI Trader
(Pro trader since 2003)