dlaminisya

AAPL set out for the next coming days

NASDAQ:AAPL   Apple Inc
AAPL has shown rejection on the past days and when you look on the 4hr time frame you can see that AAPL has been on an uptrend for weeks now is it seems to continue doing so, and when you look the RSI on 15minute Timeframe you can see that the price is oversold and that means there is a possibility that we might see a rejection and now what I am waiting to see is the price to go down to the support zone and do a rejection there and what I want to see is a bullish rejection showing that the price is willing to go up and respect the trend and what I don't want to see is price breaking the trend line and closing below it because that will show that the price want to go down and create a bearish trend. I will wait for the price to touch the trend line and the resistance zone and when it shows rejection and shows candle sticks like bullish engulfing or a hammer candle stick then I will place my order and put the stop loss below the trend line and put my take profit on 176.24.

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