I see strong bearish divergence shown on the RSI for the APPLE INC.’ chart. This is an indication of an upcoming crash.
Last time this type of divergence showed up, APPLE INC.’ crashed by over 50%. You can expect something similar this time.
When the crash starts, expect to find support at the following levels:
(1) 195.99
(2) 142.96
(3) 110.79
Thanks a lot for reading.
Please like if you enjoyed this analysis.
Namaste.
Last time this type of divergence showed up, APPLE INC.’ crashed by over 50%. You can expect something similar this time.
When the crash starts, expect to find support at the following levels:
(1) 195.99
(2) 142.96
(3) 110.79
Thanks a lot for reading.
Please like if you enjoyed this analysis.
Namaste.
Note
We are reaching our first support. Going down as expected.Note
(1) 195.99 - Target hit(2) 142.96 - Next target
(3) 110.79
Note
We are now below EMA10. Crash will continue: Note
We are half way there, it will continue dropping. Soon we will hit our second target: Note
(1) 195.99 - Target hit (2) 142.96 - Target hit
(3) 110.79 - Next target
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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.