Apple currently coming out of a small bear flag.
Combination of short-term trend line combining and long-term support line hitting a possible strong resistance level of $113.8.
Downward trend hitting compression point with upper bound of bull flag (aka bull flag will pop in next 1-3 days.)
Bottom at 113.80 today with a bull flag breakout tomorrow seems likely.
Combination of short-term trend line combining and long-term support line hitting a possible strong resistance level of $113.8.
Downward trend hitting compression point with upper bound of bull flag (aka bull flag will pop in next 1-3 days.)
Bottom at 113.80 today with a bull flag breakout tomorrow seems likely.
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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.