🔥 Market Overview:
Trend: Short-term bearish; minor bounce but lacks strength.
Key Levels:
Resistance: $244.07, $247.00
Support: $239.00, $236.00
Indicators:
EMA9 below EMA200 → Bearish, weak rebound.
MACD declining → No strong bullish momentum yet.
RSI at 52.03 → Neutral, no strong divergence.
Risk of Short Squeeze? Low—only if $244.07 is reclaimed.
Market Maker Activity: Weak accumulation, liquidity sweeps.
🔥 Scalping Strategy:
🩸 1. Momentum Scalping (If Breakout Above $244.07)
Buy near: $244.10
Target: $247.00
Stop-loss: $242.50
Risk-to-Reward: 1:2
🩸 2. Range Scalping (If Price Holds $239 - $244)
Buy near: $239.00
Sell near: $244.00
Stop-loss: $237.50
Profit Potential: ~2.5%
🩸 3. Breakout Scalping (If Below $239.00)
Short below: $239.00
Target: $236.00
Stop-loss: $241.00
Risk-to-Reward: 1:3
🔥 Mid-Term Trend Forecast (1-3 Weeks):
If $244.07 holds, Apple could push towards $247.00 - $250.00.
If $239.00 fails, expect a drop to $236.00.
🔥 News & Market Context:
Apple dominates 54% of the all-in-one PC market → Positive sentiment.
Stock down 2.7% today → Short-term bearish pressure.
Earnings in 57 days → No immediate catalyst for a reversal.
5️⃣ 👑 Trade Rating (1-10):
Range Scalping: 7/10 (Good but needs confirmation).
Momentum Long Above $244.07: 8/10 (Stronger confirmation needed).
Short Below $239.00: 9/10 (Best risk-reward setup).
🔥 Decision:
🩸 Short-term Play: Best for range scalping $239 - $244.
🩸 Mid-term Play: Break above $244.07 = long; below $239.00 = short.
🩸 Ideal Play: Wait for breakout confirmation.
👑 Final Verdict: Play the range or wait for a trend shift.
🔥 LucanInvestor's Quote:
"The market is a battlefield—your strategy is your weapon."
Trend: Short-term bearish; minor bounce but lacks strength.
Key Levels:
Resistance: $244.07, $247.00
Support: $239.00, $236.00
Indicators:
EMA9 below EMA200 → Bearish, weak rebound.
MACD declining → No strong bullish momentum yet.
RSI at 52.03 → Neutral, no strong divergence.
Risk of Short Squeeze? Low—only if $244.07 is reclaimed.
Market Maker Activity: Weak accumulation, liquidity sweeps.
🔥 Scalping Strategy:
🩸 1. Momentum Scalping (If Breakout Above $244.07)
Buy near: $244.10
Target: $247.00
Stop-loss: $242.50
Risk-to-Reward: 1:2
🩸 2. Range Scalping (If Price Holds $239 - $244)
Buy near: $239.00
Sell near: $244.00
Stop-loss: $237.50
Profit Potential: ~2.5%
🩸 3. Breakout Scalping (If Below $239.00)
Short below: $239.00
Target: $236.00
Stop-loss: $241.00
Risk-to-Reward: 1:3
🔥 Mid-Term Trend Forecast (1-3 Weeks):
If $244.07 holds, Apple could push towards $247.00 - $250.00.
If $239.00 fails, expect a drop to $236.00.
🔥 News & Market Context:
Apple dominates 54% of the all-in-one PC market → Positive sentiment.
Stock down 2.7% today → Short-term bearish pressure.
Earnings in 57 days → No immediate catalyst for a reversal.
5️⃣ 👑 Trade Rating (1-10):
Range Scalping: 7/10 (Good but needs confirmation).
Momentum Long Above $244.07: 8/10 (Stronger confirmation needed).
Short Below $239.00: 9/10 (Best risk-reward setup).
🔥 Decision:
🩸 Short-term Play: Best for range scalping $239 - $244.
🩸 Mid-term Play: Break above $244.07 = long; below $239.00 = short.
🩸 Ideal Play: Wait for breakout confirmation.
👑 Final Verdict: Play the range or wait for a trend shift.
🔥 LucanInvestor's Quote:
"The market is a battlefield—your strategy is your weapon."
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.
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.