Apple (
AAPL) perfectly plays out:

Click chart above to see the detailed analysis👆🏻
Just a couple of months ago, Apple perfectly retested the rising channel resistance trendline and has been creating the expected bearish rejection. This could perfectly form the next all time high break and retest, which would eventually lead to another significant move higher.
Levels to watch: $190
Keep your long term vision,
Philip (BasicTrading)
Click chart above to see the detailed analysis👆🏻
Just a couple of months ago, Apple perfectly retested the rising channel resistance trendline and has been creating the expected bearish rejection. This could perfectly form the next all time high break and retest, which would eventually lead to another significant move higher.
Levels to watch: $190
Keep your long term vision,
Philip (BasicTrading)
Trade active
Trading update on Apple (Click chart above to see the detailed analysis👆🏻
Apple is still just trading at the exact same level as it was about 8 months ago. This is clearly a sign that bullish momentum is vanishing and we could see a move lower and another textbook all time high break and retest. The overall trend remains bullish though.
Levels to watch: $190
Keep your long term vision,
Philip (BasicTrading)
Trade closed: target reached
Trading update on Apple (Click chart above to see the detailed analysis👆🏻
What an awesome chart we have on Apple, perfectly respecting structure and playing out exactly as expected. Looking at technicals it is quite likely that Apple will drop another -5% to -10% before it will then retest the previous all time high and start a reversal.
Levels to watch: $190
Keep your long term vision,
Philip (BasicTrading)
Keep your long term vision!
Free: Join our "Elite Trading" community👇🏻
discord.gg/jgdrYXwqyD
Free: Join our "Elite Trading" community👇🏻
discord.gg/jgdrYXwqyD
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.
Keep your long term vision!
Free: Join our "Elite Trading" community👇🏻
discord.gg/jgdrYXwqyD
Free: Join our "Elite Trading" community👇🏻
discord.gg/jgdrYXwqyD
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.