AAPL = Descending Megaphone Pattern
Updated
AAPL demonstrates increased volatility and a general downtrend from $172
in a megaphone-type pattern in retracing the recent uptrend.
I see a swing SHORT setup with a target the mid-Ficonnaci levels
in tiered partial position closures.
The general market downturn will lend more directional momentum.
AAPD, a bear ETF tracking AAPL is another consideration.
in a megaphone-type pattern in retracing the recent uptrend.
I see a swing SHORT setup with a target the mid-Ficonnaci levels
in tiered partial position closures.
The general market downturn will lend more directional momentum.
AAPD, a bear ETF tracking AAPL is another consideration.
Trade active
On the chart above, blue for up and orange for down volume bars are high when they get above the light blue line. Volume might typically increase with areas ofhigh volatility such as the upper and lower trend lines or in crossing or bouncing
at the mid-line.
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