1. Apple is at the end of a wedge (to lazy to draw the wedege but go on finviz.com and search Apple to see the wedge that formed.) we are at the end of this wedge and appear to be making a bullish break which can be confirmed by the 4 hour MACD.
2. Look at the chart of QQQ there is a obvious multiple top that we are retesting now. The first we made a relative low after that, the 2nd top we made a higher low after that, after 3rd top we made a even higher low, now I think the 4th effort may break the multiple top on QQQ potentially carried by Apple.
3. With Christmas time with a vaccine around the corner may not be a bad time to get into Apple right now, just sell immediately if it makes a bearish break of this wedge but I am betting it makes a bullish break out of this wedge and I believe QQQ is due to break this multi top
2. Look at the chart of QQQ there is a obvious multiple top that we are retesting now. The first we made a relative low after that, the 2nd top we made a higher low after that, after 3rd top we made a even higher low, now I think the 4th effort may break the multiple top on QQQ potentially carried by Apple.
3. With Christmas time with a vaccine around the corner may not be a bad time to get into Apple right now, just sell immediately if it makes a bearish break of this wedge but I am betting it makes a bullish break out of this wedge and I believe QQQ is due to break this multi top
