AAPL - It retrace perfectly to 0.382 Fib. What's next?
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Clean 5 wave down. ABC probably formed. Was that crash just A wave, and this little retrace was B wave? Are we waiting for a big C wave? Bullish volume decreasing. On macro trends golden pocket (0.618 - 0.65 Fib) was a nice support,but will it be again? Bullish golden cross (55 MA above 200 MA), but it can be reversed quickly. MACD and RSI looking neutral. Overall I'am bearish.
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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.