OK, so the battery released it's energy to the south.
So far so good.
Now it's decision time for a further plunge, or a rebound.
Rebound
Price is sitting at the orange center line and the 50 week MA. If those don't give support, then a plunge is very certain.
Plunge
The plunge could last to the white WL = Warning line or to the orange L-MLH. = Lower-Medianline-Parallel.
The grey line is a weekly Trendline. It marks where apple could land finally, before swinging up again.
So far so good.
Now it's decision time for a further plunge, or a rebound.
Rebound
Price is sitting at the orange center line and the 50 week MA. If those don't give support, then a plunge is very certain.
Plunge
The plunge could last to the white WL = Warning line or to the orange L-MLH. = Lower-Medianline-Parallel.
The grey line is a weekly Trendline. It marks where apple could land finally, before swinging up again.
Trade closed: target reached
TNX......Next.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.