Apple has been range bound for the whole of August and now the 4hr chart suggest a strong indication of selling as the stock is near the suppy zone at 78.6% of the Fibonacci area. Also, the falling wedge suggest a strong reversal signal.
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.
