Now that the daily support trend line has broken for AAPL, the shorter-term time frames become increasingly important to watch for indicators of a bearish reversal on the horizon. If the 15-minute level support breaks, then continue to watch the wedge pattern forming on the 4-hour timeframe. If the 4-hour support breaks, then start to look for key short-term horizontal price breaks in support that are in yellow.
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.