Looking at Apple:
Made a 618 retracement
Volume building up
Bullish divergence on histogram
Willy stupidly over sold
A bounce to the 382 or 618 is possible
I would like to see a double bottom on the 618 to continue higher
VPVR has a notch at 137
* Don't forget to hit that like button and follow me on Trading View for more chart analysis :)
We can open buy near $145 - $150
The price can move up to $180 - $185 because:
- Stock rate bounced from a very important level, 50% of the previous UpTrend (Since the 2012 year).
- Low risk and predictable stop Loss.
- Company earnings are growing.
After 75 like, I will write all entry end exit points. And places where is the best set Stop Loss.
APPL got a nice dead-cat bounce off of a prior support zone we saw it hold back in September of 2017, and in February of 2018, and it was fairly close to the 200 weekly moving average. However, we also saw come clear bearish divergence form over the last few months/week (shown by the light-blue lines on the price action and on the RSI); as for the price made an...
This is an interesting one coming into focus more in the last decade , the crash used was the 2000, as it had the highest percentage drop.
Blue == Monthly
Red == Weekly
APPL has been on an all out waterfall these last 2-3 months. Price action is currently holding a prior support zone that we saw it hold back in February of 2018, but I think we will see APPL retest the 200 weekly moving average, and if we break below it, we could be setup for more downside. In line with several other stocks I've done Tradingview posts on, APPL...
APPL is testing its support at 162.52 (61.8% Fibonacci extension, 50% Fibonacci retracement, horizontal swing low support) where price is expected to bounce up to its resistance at 182.43 (horizontal overlap resistance).
Stochastic (89, 5, 3) is testing its support at 1.9% where a corresponding bounce is expected.
APPL is approaching its support at 162.52 (61.8% Fibonacci extension, 50% Fibonacci retracement, horizontal swing low support) where it could potentially rise to its resistance at 185.73 (horizontal overlap resistance).
Stochastic (89, 5, 3) is approaching its support at 1.94% where a corresponding bounce could occur.
APPL is approaching its support at 162.52 (61.8% Fibonacci extension, 50% Fibonacci retracement, horizontal swing low support) where it could potentially rise to its resistance at 185.73 (horizontal swing high resistance).
Stochastic (89, 5, 3) is approaching its support at 1.9% where a corresponding bounce could occur.
Apple is approaching resistance at 182.31 (61.8% Fibonacci extension, 23.6% Fibonacci retracement, horizontal overlap resistance) where it could potentially drop to its support at 162.52 (horizontal swing low support).
Ichimoku cloud also shows signs of bearish pressure.
I see strong bearish divergence shown on the RSI for the APPLE INC.’ chart. This is an indication of an upcoming crash.
Last time this type of divergence showed up, APPLE INC.’ crashed by over 50%. You can expect something similar this time.
When the crash starts, expect to find support at the following levels:
(1) 195.99
(2) 142.96
(3) 110.79
Thanks a lot for...
APPLE INC. (AAPL) continues looking bad and the charts are getting worse.
Let's take a look at some of the signals:
We are now below EMA10 (green line), this is normally a strong support. When the weekly candle closes below it, normally it quickly bounces up. But now we have the divergence and also a top, plus the last weekly candle is really strong. Weekly...
Standart Elliott Wave. All stocks start to falling .
The main strategy in investing - buy at the bottom, sell at the top. Time to fix positions
Bear Rally Begins
The previous post played out perfect down to the tick.
APPL gave us a nice bounce and now a correction.
Watch for the this breakout for a long to around $240
