Video breakdown going into open on $AAPL
Trade this upcoming breakout with a disciplined risk management.
This MTF Killer Zone, its drawn when yesterday or the last period closes, it so powerful . The way I use it is buying and selling as a support and resistance zone (but its not support and resistance analysis) or at a retest when it break, and if its not touched by the price today or in the current period ... than the zone will be still valid for any time in the...
Based on pure candlestick analysis, a specialty of mine. I see Apple hitting $124 tomorrow, based on the 2 previous 4 hour candles, you can see they have small bearish bodies and bullish wicks that are larger than the body. This indicates that price has potential to rise to where the wicks have formed. The highest wick is near $123.62 however $124 can be achieved...
The stock will collapse in the coming days as long as the price is below the downtrend, and the target will be 8600
Rejection of 0.50% on fibonacci and formation of long candles
$AAPL had dampening news but still "held" up. Heres a video breakdown. Both sides of the coin. Tough to put a pin on it after today
AAPL has been trading in an ascending parallel channel for a while now, if we ignore the SPLIT price spike. The current price is near the bottom of this channel, and the long term future of AAPL seems pretty good, short term seems volatile with further anti trust suits . There's a good chance the price continues sideways, for a few days before heading upwards.
Ascending Triangles are repeatable trading chart patterns. Ascending chart patterns will have a directional bias depending on the previous incoming trend. Each chart pattern will have defining trendlines of the support/resistance levels creating the pattern. What ever time frame you are trading this chart pattern, wait for a candle close outside of the trendline...
today's EU news cooled off a bullish premarket - want to hold the lower dotted lines or will be looking for consolation - great to see a classic H&S confirm. Once we see one, I am now looking for the echoes...
slow momentum right now. Target $130 above 125 once it reaches above 130- $140 possible target. Short Term target(2 weeks time)- $130. NOT a Financial Advice! Based on my opinion and knowledge.
$AAPL Pre power hour vieo breakdown