AAPL, approaching EMA200 resistance
Apple Inc, after rebounding from a lower low pattern, it is now entering into critical Fibo resistance zone 0.618 to 0.705, which is near to EMA200 major resistance as well.
Expecting trend direction confirmation after release of quarter result on 2nd Feb next Thursday. Normally we will not recommended for any position at this moment after the trend direction to be confirmed.
We will use $150 as the indicator. If the price able to stand above $150 and later forming a higher low, that will be a safe entry for mid-long term player. Stay tune!
Expecting trend direction confirmation after release of quarter result on 2nd Feb next Thursday. Normally we will not recommended for any position at this moment after the trend direction to be confirmed.
We will use $150 as the indicator. If the price able to stand above $150 and later forming a higher low, that will be a safe entry for mid-long term player. Stay tune!
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