The algorithm has found an interesting chart pattern formation in Apple. We can see a decreasing volatility which usually means that bulls and bears are reaching a fair price until something happens and a rally appears.
Seems that an uptrend can unfold in the next days if the bearish trendline is broken. Take care because there is also a double bottom which will be validated if AAPL breaks the black upper line in $157. If AAPL validates the double bottom we could easily reach the $170 zone.
AAPL has also strong fundamentals, which is not important in the short term but is always a plus.
Seems that an uptrend can unfold in the next days if the bearish trendline is broken. Take care because there is also a double bottom which will be validated if AAPL breaks the black upper line in $157. If AAPL validates the double bottom we could easily reach the $170 zone.
AAPL has also strong fundamentals, which is not important in the short term but is always a plus.
Trade active
The price finally broke down the danger zone. We've posted a new idea. 
⚡ Trading is not about luck or patience. Is about skills and knowledge. ⚡
I share my ideas, returns and knowledge here:
📚 👉 topchartpatterns.substack.com/subscribe 👈📚
🤝 Business contact: info@topchartpatterns.com
I share my ideas, returns and knowledge here:
📚 👉 topchartpatterns.substack.com/subscribe 👈📚
🤝 Business contact: info@topchartpatterns.com
Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
⚡ Trading is not about luck or patience. Is about skills and knowledge. ⚡
I share my ideas, returns and knowledge here:
📚 👉 topchartpatterns.substack.com/subscribe 👈📚
🤝 Business contact: info@topchartpatterns.com
I share my ideas, returns and knowledge here:
📚 👉 topchartpatterns.substack.com/subscribe 👈📚
🤝 Business contact: info@topchartpatterns.com
Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.