I think an ending diagonal is heading to the end. Overshoot from upper trend channel.. will update with the changes


Couldn't this also just be a new trend? I just want all points of view, as I have some shares, and I would hate to short Apple ;).
Technically, we would redraw trendlines after they have been broken, if persists, right?.
BUT... Overall, I FEEL a correction coming, just by looking at the chart without any lines on it. I mean, potentially topping out at same exact previous high (as seen on the daily chart), usually spells trouble.
RSI indicative of very low volume second time around.
Salim1905 Shwayze
@Shwayze, Yes it might be but when I check the RSI indicator it shows a significant downtrend. So we may moving to end of something
yr head might be crashing hahahah
Shwayze VinceKhoo
@VinceKhoo, his technical analysis is ending up leaning towards correct. He saw deceasing buy volume with rising prices. Patterns that develop, which historically lead to reversals, or minor profit takings. While he took the chance at getting mocked by posting online, you took that chance to mock him. Worst part is, your comment provided no relevant or beneficial information to anyone, and was just aimed at belittling someone. These forums are not intended for that at all. If you disagree, specify why you disagree. Also, don't forget to erase those comments when you find out that you were wrong from the get go, or you may be called out for them.
+1 Reply
Salim1905 Shwayze
@VinceKhoo I think you got some lessons about financial markets. Thanks for the support @Shwayze
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