2ndSkiesForex
Long

Apple Showing Strong Price Action Reversal Signs

NASDAQ:AAPL   Apple Inc.
259 0 2
After taking a beating, Apple             formed a series of 3 HLs             (Higher Lows) which is quite constructive for bulls. You will notice that there were sellers present during each of the 3 HL's as they formed, but in each case, the bulls were able to take control from the sellers. This to me represents a change of hands, and taking out the key resistance at $469 likely tripped up a lot of bear stops. Pullbacks into this area are good opportunities to get long as the bullish price action is quite impulsive, and looks set to take out $503.
United States
United Kingdom
India
Deutschland
España
France
Việt Nam
Italia
Polska
Brasil
Россия
Türkiye
Indonesia
Malaysia
日本
한국
简体
繁體
Home Stock Screener Forex Signal Finder Cryptocurrency Signal Finder Economic Calendar How It Works Chart Features House Rules Moderators Website & Broker Solutions Widgets Stock Charting Library Feature Request Blog & News FAQ Help & Wiki Twitter
Profile Profile Settings Account and Billing Support Priority Support Report Issue Ideas Published Followers Following Private Messages Chat Sign Out