Apple completed a Bat pattern on April 20th on a 60 minute chart.
The initial target from this pattern was the 285 area.
This was hit on April 21st.
We have rallied and as harmonic patterns usually have a second chance, there may be an additional short apportunity
in the $290 area.
As always look at the general market and the specific sector for direction. Confirm with a reversing overbought RSI.
Good Luck
S.
The initial target from this pattern was the 285 area.
This was hit on April 21st.
We have rallied and as harmonic patterns usually have a second chance, there may be an additional short apportunity
in the $290 area.
As always look at the general market and the specific sector for direction. Confirm with a reversing overbought RSI.
Good Luck
S.
Note
Edit Initiai target should read 268.
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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.
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.