APPLE CRUCIAL NEXT WEEK - WEEK AFTER FOLLOW TREND - 60MN AAPL
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APPLE INC is at the moment in a very super narrow trending range. This range importance is increased by the fact that we have seen several pullbacks on it.
Decisions are, therefore, to be taken when the market will move away from it. Keep on eye on volumes.
We have observed the market slightly holding positions on the historical higher range.
There is a high probability to see the market going back to this historical higher range. Then, there is possibilities of seeing the price following the previous uptrend rebounding on the previous support line which had a perfect angle for a sustained walk up. Take some profits if market stays in the higher range zone. Keep the rest for further profits.
Beware, it can also be a point from which the market will lose momentum and come back down to find a support more horizontally.
In the other side:
_ if market decides to go down and break the 280USD price, it would be clever to start closing your profitable positions and wait for another point of entry further down.
Next week, the market will start giving us some hint, the week after we will be able to make some decisions having a better insight on the future major trend.
_____________________________________________________________________
APPLE INC is at the moment in a very super narrow trending range. This range importance is increased by the fact that we have seen several pullbacks on it.
Decisions are, therefore, to be taken when the market will move away from it. Keep on eye on volumes.
We have observed the market slightly holding positions on the historical higher range.
There is a high probability to see the market going back to this historical higher range. Then, there is possibilities of seeing the price following the previous uptrend rebounding on the previous support line which had a perfect angle for a sustained walk up. Take some profits if market stays in the higher range zone. Keep the rest for further profits.
Beware, it can also be a point from which the market will lose momentum and come back down to find a support more horizontally.
In the other side:
_ if market decides to go down and break the 280USD price, it would be clever to start closing your profitable positions and wait for another point of entry further down.
Next week, the market will start giving us some hint, the week after we will be able to make some decisions having a better insight on the future major trend.
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