As we can see in the above weekly charter, Apple(AAPL) is doing a correction in wave (C) in black to complete the wave II in red. The wave (C) will be done in wave 5 in blue.
- ALERT: We expect Smart Buyers will appear around $140~142
- Apple(AAPL) has a strong correlation with NASDAQ and this also shows the similar structure. We need to continue following this correlation.
- ALERT: We expect Smart Buyers will appear around $140~142
- Apple(AAPL) has a strong correlation with NASDAQ and this also shows the similar structure. We need to continue following this correlation.
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Technical Analysis:
- As you can see in the chart, Apple is doing now a Diagonal finishing in the wave III in red
- Apple(AAPL) H4 structure is bullish and Right Side is Up
- H1 Right Side is Turning Up
Technical Information:
- As a swing trader, we don't like to buy in short term rather we like to buy in wave IV in red once completed
- As a position trader, we like to buy in wave (II) in blue once completed at around
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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.