Bear Case: *Bear-Flag on weekly (Massive) *H&S on weekly (Massive) *Failing to hold above 50 MA on weekly (Needs confirmation) Bull Case: *Apple **** I think we break way lower... Let's talk about i!
The exchange rate can build a symmetrical wave on the green wave axis. In case of correct analysis, the target wave of decreasing wave structure is 167 usd.
Mastercard (MA) is powering the new Apple (APPL) credit card along with Goldman Sachs (GS). This provides a short term news cycle catalyst and a long term new growth opportunity and partner for Goldman, but more importantly Mastercard. Once the news settles on the Apple event it will be clear the real winner is Mastercard who stands to only gain from the...
Let's take a look on Aaple stocks 3D (3-days) chart. Technically we've got in Q4 '18 the worst reversal scenario ever, - as the price turned from o/bought into o/sold area around $210 just in a single movement. Yes, that is still the Bubble above $120. My focus is the price should be higher bearish neckline , for any further purchases.
broke out bullish, retested/ respected resistance, now we've got to confirm new support before charging to $4200 on boosted volume at $4200 range sentiment update needed
Looking at the US markets in general we are due a pullback. Just a quick look at AAPL shows it has reached the 0.618 fib from the previous December lows. This is a great place for longs to take profits and shorts to enter. This is not financial advice. Do your own research. -Whistle
From a macro top-down framework, the current environment heavily favors the bears. The leading data continues to show expected weakness in the economy over the coming 3-6 months. I would love to hear your feedback, have a wonderful day!
Previous harmonic for target at 185 got blown past, seeing gap on hourly, possible gap fill upside on push of 188.4, leaning towards theyll flex and push it to fill that topside gap first, as their was no pullback at D target.
To identify a Golden Cross , the following usually takes place: 1. There is a downward trend is occurring but is on its last legs because interest in selling declines and eventually begins to be overpowered by stronger buying interest. 2. The emergence of a new trend . It is all about the breakout of the new trend, when the short-term average crosses from...
Coming into a little resistance, may need to consolidate her. Not quite overbought yet.
Wages are growing above and beyond inflation at present, after a 21% rally I lean towards a near term correction followed by a rally in tandem with earnings multiples falling.
3 levels @ the close price: 52 Week Moving Average 50% retrace off 2018 move lower Median slope on this pitchfork
A top looks in for now.
The market looks overbought on the higher timeframes, and this idea is based on a possible correction movement. The price bounces from the resistance - it's 184.00 level. We can use this signal for selling with stop orders above 184.20 and profit targets at 180.00 and 179.00 support levels. This trade gives a good risk/reward ratio, and it can be used for short...