on apple , from October we see very mood.
the market was in a downtrend and followed a .
after the market hit 142 we see a steady retracement and 10th of January the channel was violated.
now, the market looks really overbought and formation of this leaves us clues that with high probability will come into play.
(also, on a 4 hour chart we see a nice completion of a pattern)
I will be waiting for a violation of local support to sell the market.
Target is based on structure.
Stop above tops.
contact me for a free trial session!