APPLE published its report for 1st Q 2019 and the market rallied to the previous high point.
But will the APPLE break out the pre-high? Or can Apple?
Maybe I don't think so.
Yes, APPLE.INC is rich but there is much crisis for it. ITS rivals is becoming stronger and stronger, especially in China, its biggest market.
From the chart, a very good supply zone is above the current price. I don't believe the market can breach this zone without any important good performance.
So if it is good to sell if you hold any shares.
Entry: 218-233
SL: above 233
TP1: 170
TP2: 144
But will the APPLE break out the pre-high? Or can Apple?
Maybe I don't think so.
Yes, APPLE.INC is rich but there is much crisis for it. ITS rivals is becoming stronger and stronger, especially in China, its biggest market.
From the chart, a very good supply zone is above the current price. I don't believe the market can breach this zone without any important good performance.
So if it is good to sell if you hold any shares.
Entry: 218-233
SL: above 233
TP1: 170
TP2: 144
Note
The price has began to drop.Note
APPLE drops quickly because of the trade war.
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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.