VaBeach_Guy

VaBeach_Guy

Expanding wedges like this usually correct to the midpoint which just happens to line up with this axis line.

VaBeach_Guy

Chart bearish as ever MACD clearly in a downtrend Clear H & S breakdown looks like a lot more pain ahead

VaBeach_Guy

Apple broke TL support - will likely test the 200 MA at about 155 but also watching the 140 level Clear MACD sell signal

VaBeach_Guy

when the trading channels are sideways or have an upward slant, the bias is to the downside- when the channels have a downward slant the bias is to the upside.

VaBeach_Guy

the measured move implies 630 range target

VaBeach_Guy

The trading pattern suggests a repeat of the February March correction is possible

VaBeach_Guy

Time to dollar-cost average into a long position ahead of iPhone 12 launch Oversold - likely will bounce off TL support could move lower to fill the gap if the market continues to sell off tech

VaBeach_Guy

400 day Ma support , held Jan low