Bottom of triangle is the Point Of Control (1Day) based off volume , Purple line is Point Of Control (2hr) , Yellow line is the average top on this macro movement.
AAPL is respecting the 20day EMA, the ema bounce is represented by the channel inside the triangle. There is no reason to short this until price breaks the 20 EMA.
The green rectangle is a volume shelf that is supporting this upward momentum.
The short here is under 159.13
The long is a upward reaction off the 20 EMA
AAPL is respecting the 20day EMA, the ema bounce is represented by the channel inside the triangle. There is no reason to short this until price breaks the 20 EMA.
The green rectangle is a volume shelf that is supporting this upward momentum.
The short here is under 159.13
The long is a upward reaction off the 20 EMA