A break above the prev swing high that too with a gap up suggests more strong upside. The dip should be bought aggressively.
we''ve had this amazing sell off without a bounce so I expect one imminently check out the daily fib and the previous support of 1.67 is our bounce play target :)
We have to work with with the 1980 support as our buy on dip till then relax!
2 possibilities from here a break above 76 will be bullish or a fall to 72.50 area and support being taken there is key for the stock. Till then don't predict the range!
Definitely a breakout observed in AAPL also notice how quickly it came back clearly the stock continues to be the leader in the market
With the downtrend beginning I expect the Indian Nifty to go down to the 7300-7400 area soon. It may be as quick as this month!
Looking at the chart i'm currently neutral will take short positions below 1.34x
Will wait for the breakout on the $INFY result day and buy the $INDY