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Rocketman
Mar 1, 2024 12:04 PM

Apple's Coming Rally 2024 Long

Apple Inc.NASDAQ

Description


Technical Reasons:

Horizontal TL
2019 Diagonal TL
Extremes indicator
Price at Horizontal TL and Diagonal TL meeting point
200 EMA testing
Huge volume at support
50% - 61.8% support
Crown pattern

Comment:
Missing a solid, bullish, green candle on the daily chart
Good technical value proposition

Daily chart:


Weekly Chart Support:

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1 HOUR VIEW:
HAMMER AT LONG-TERM SUPPORT

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1 hour d3v

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Waiting for a Green Day on the daily chart to enter:
(1) exDiv1
(2) Potential Bullish Bat

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d1a

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GREEN DAY

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GREEN DAY proved true, indeed.

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Daily and weekly chart suggests a bottom. Weekly candle pattern at support with daily break of downward resistance at support with a harmonic pattern.

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Update:

Watching to add more Apple.

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Apple gapping up on earnings
Comments
Nickquick7
This aged well
Rocketman
@Nickquick7, Yep! It is a good investment until the 120 stop loss. Apple is one of many great investments for 2024. Where is your stop, so that we can know when you get short-squeezed? Vague words and no posts are meaningless..
Rocketman
@Nickquick7, Apple gapped up right when you are the most negative. You lose and the market mangled your short.
amaloyz
agree
Nickquick7
Dreaming. Lack of product, weak sales in China, Vision Pro is stupid, broke support. This things going lower.
Rocketman
@Nickquick7, Hence, this is why it is written in the chart, "wait for a 'Green Day'" at support. If it had happened, you would be writing, "Good call. Apple shook off the 'lack of product, weak sales in China, Vision Pro is [not stupid],' etc.".
amaloyz
@Rocketman, pro bro
Rocketman
@amaloyz, yep. All in on Apple.
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