About meHi, I am an investor and a stock trader with lots of experience in the market. After learning about this amazing website, I cant wait to hear other ideas and advice on the stock market while I also give mine. Please follow and like, Thanks!!
Apple is a sell, and could be a great short. Here is why:
Firstly, it is forming a rising wedge, which is a bearish pattern. The rising wedge is not formed yet, but is almost done forming. This pattern almost always reverses the stock price, and should be taken seriously.
Next, I added the indicator called "MA Cross". Which shows the 9 MA and the 21 MA. And the...
In the DXY currency I analyzed, the trend lines and currency overall is indicating the prices to rise and to be in a bullish regime. The overall trend lines showed a falling wedge. While the following trend showed a double bottom pattern which is also bullish. I believe that DXY will break out and rise, because of two big patterns. Firstly, there is a golden cross...