23-01-2023
Apple
Retraced 61.8% of the last fall.
Closed above $140.37.
Volume above average
Oscillator 5,35 green
CCI Green
I will wait for a close above 200 day to initiate a trade.
Cons:
As per stochastic rule since black bar is in lower part it is sell on rise.
144.85 is the 61.8 retracement for the fall 157.5 to 124.17. That should make it cross 200 day comfortably.
Apple
Retraced 61.8% of the last fall.
Closed above $140.37.
Volume above average
Oscillator 5,35 green
CCI Green
I will wait for a close above 200 day to initiate a trade.
Cons:
As per stochastic rule since black bar is in lower part it is sell on rise.
144.85 is the 61.8 retracement for the fall 157.5 to 124.17. That should make it cross 200 day comfortably.