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Apple next move
Apple Inc
Long
Apple next move
By jdaraque
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Nov 6, 2023
0
Nov 6, 2023
https://www.tradingview.com/x/VRmLgjO6/[/ Apple 4-hour chart, Daily, Weekly and Monthly, trading in each temporality the graphs give us signals or simply indications to analyze our probabilities, in 4 hours and daily that greater probability indicates an upward movement of $176.62 to the area of the simple moving average of 200 periods (purple color) a price of $181.54 dollars. This coincides with the resistance observed in the weekly charts where the wave is beginning a crossover with signs of a downward price, that resistance is at $181.27 dollars, also in the monthly chart the wave shows a greater probability of bearish resistance in the green moving average of the wave with a negative slope whose price is at $182.75. Conclusion: Apple's chart gives a greater probability of continuing to rise to a maximum in the area of $182 dollars, where there is a greater probability of falling back, probably to the area between $172 and $176 dollars. In trading we look at opportunities, these are taken according to the probability of success, that is one of our tasks to fulfill with discipline, let's wait if this one from Apple is fulfilled or not.
Chart Patterns
jdaraque
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