AAPL (Apple) buying opportunity
A
AAPL
As we can see there is price channel from March 2021 until now and the price is now on the bottom of channel.
In MACD indicator the MACD line is upper than signal line (It can be a buy signal) and the current value of RSI is 39.43 (not completely oversold but almost oversold) and these confirm the buy signal.
Target: There is resistance line (red line) from Jan. 2022 until now with 3 hitting points and that can be the Target.
Stop loss: The bottom line of Channel
Entry point: 134.7
Target: 171.5
Stop loss: 124.5
R/R: 3.6
AAPLAs we can see there is price channel from March 2021 until now and the price is now on the bottom of channel.
In MACD indicator the MACD line is upper than signal line (It can be a buy signal) and the current value of RSI is 39.43 (not completely oversold but almost oversold) and these confirm the buy signal.
Target: There is resistance line (red line) from Jan. 2022 until now with 3 hitting points and that can be the Target.
Stop loss: The bottom line of Channel
Entry point: 134.7
Target: 171.5
Stop loss: 124.5
R/R: 3.6
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