$AAPL
Open Gap acts as support at 96.30.
Expect Pullback to an area of Fibonacci Retracement 0.5 (95.57).
There is also meeting point of Uptrend Trendline Support (Previously Strong Resistance, marked in ORANGE) on that area.
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Long-term Investment :
Buy 1 = 94.50 - 97
Buy 2 = 89-91
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RISK : If Breakdown below Support at 89.15 ( considered very strong, also area of MA200 Support. Also a confirmation of HNS Chart Pattern. Beware of Long-term trend reversal. Expect Strong Bearish to lower trendline marked in RED. Bearish Target : 67-71)
REWARD : IF price rebound from the area of Fibonacci 0.5 and MA200 ( 89-95 ) , would be a very good signal of long-term bullish continuation.
Open Gap acts as support at 96.30.
Expect Pullback to an area of Fibonacci Retracement 0.5 (95.57).
There is also meeting point of Uptrend Trendline Support (Previously Strong Resistance, marked in ORANGE) on that area.
================================================================================================================================================================================================================================
Long-term Investment :
Buy 1 = 94.50 - 97
Buy 2 = 89-91
================================================================================================================
================================================================================================================
RISK : If Breakdown below Support at 89.15 ( considered very strong, also area of MA200 Support. Also a confirmation of HNS Chart Pattern. Beware of Long-term trend reversal. Expect Strong Bearish to lower trendline marked in RED. Bearish Target : 67-71)
REWARD : IF price rebound from the area of Fibonacci 0.5 and MA200 ( 89-95 ) , would be a very good signal of long-term bullish continuation.