Apple Inc Bearish Candle
The APPL (Apple Inc) chart recently printed a very strong bearish candle in the last week of August.
We can see that each time a bearish candle shows up a strong drop follows.
The candle of late August is the strongest bearish candle we've seen in the past few years, this might be signaling that the potential drop could be strong.
We saw a drop of 35% back in March and another 39% one back in Dec. 2018.
A similar drop now would put APPL close to EMA50 or 89.94, lower prices are possible.
Namaste.
We can see that each time a bearish candle shows up a strong drop follows.
The candle of late August is the strongest bearish candle we've seen in the past few years, this might be signaling that the potential drop could be strong.
We saw a drop of 35% back in March and another 39% one back in Dec. 2018.
A similar drop now would put APPL close to EMA50 or 89.94, lower prices are possible.
Namaste.
Note
It is moving lower as charted...
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💥💥💥 Gain LIFETIME access for a one-time-payment 👉 lamatrades.com (Since 2017)
Results:
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🥇TOSHI +1642%
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Results:
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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.