Long

APPL - Where would/should we consider buying?

This analysis is based on an expected short-term retracement, the question is where we may consider looking long rather than chasing the short.

*Weekly Candle formation ( dark cloud cover.

*Daily confirmed Double top.

*Completed AB=CD and reacted exactly from the completion zone.

*RSI Divergence - Daily.

*MACD crossed over - Daily

Possible buy/accumulation zones - top or bottom of the channel diagonal Support/resistance (details in Video).

Mishka1

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.