abel11

APPLE: interesting trade set up.

Short
NASDAQ:AAPL   Apple Inc
APPLE is now making an ABC corrective structure. Now we are at wave C which is the last leg of the ABC structure and the wave C which is an impulsive wave is now ending with a smaller degree wave (5). What is next now...I expect a total reversal or another corrective pattern downward. All the options are bearish . Comment any opinion or questions in the comment section. Thank you

Comments

I see a cup and handle that is about to head up. Earnings next week and tech in general is looking bulish with QQQ SPY both green as well as NFLX killing earnings to start off tech.
+3 Reply
abel11 Frizzzon
@Frizzzon, good luck
Reply
Will break-up. Wanna bet? :)
+3 Reply
@woth, why do you think so?
+1 Reply
woth abel11
@abel11, all the can slim signs are there. all of them. including the low volumes of the handle, right now. not to mention that appl will publish on 27th the reports, and I hear that they are not bad at all.
Reply
woth abel11
@abel11, the handle right now will break up before the reports, or immediately after
Reply
@woth, maybe
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Upvoted! very good
+2 Reply
abel11 TopTradingSignals
@TopTradingSignals, thank you
Reply
I see one more leg up going into earnings and then nice correction. Indices agree and all look to be gearing up for another move up. Fang stocks all seem to agree as well and look to have all finished a correction for more up. Thanks for sharing! Happy Trading
+2 Reply
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