Facebook has broken below the lower Bollinger band on the daily chart, and as shown on the 4 hour time frame we have touched oversold and also have a sharp rising rate of change of the standard deviation which has ran flat. In the past this has lead to recoveries of 2.5-10% next day. If you haven’t bought cals EOD Jan 12th, but then tomorrow.
Hey guys. In continuation of my idea of the 48EMA for Apple hitting this year, more confirmation has come our way today.
As evidenced by the drop in March, Apple closed slightly above its 61.8% retracement which say around 70, and than once that was broken we saw a daily gap down to 38.2% at 64. A 9% drop.
Currently our 31.8% retracement from March low to...
Hello. I have been looking into Apple stock for a few days now and have noticed the following:
When Apple drops below the 70 RSI on the monthly chart, it tends to run down to the 50MA on the monthly within 1-3 months. Everytime this has happened it’s led to a nearly 46% drop in share price.
Occurrences:
09/12 to 07/13
06/15 to 04/16
10/18 to 12/18
01/20 to...
