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Cryptogold14
Jul 29, 2022 6:47 AM

Shark Pattern on AAPL 

Apple Inc.NASDAQ

Description

I made the mistake of shorting Apple into earnings based on a quick analysis without carefully analyzing its chart pattern. It's clearly on the last leg of a shark pattern and should continue pushing higher. I will be watching carefully for another opportunity to short near the 88% retracement point, which also happens to be near trendline resistance.

Tips: ETH Address: 0x13cd45d7d282ee0ee4635645cce2e2a566d9bed8
Comments
katsiex
Thank you for your idea! Excellent observation and analysis!

I have the same view on Apple coming from a slightly different but similar approach - Wyckoff. I'm long, targeting 173 and then shorting again...
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