Will AAPL break out on Thursday, the day after Q2 ER ?
A lot of the trends look like a short-term move is possible. I'm adding $2500 in AAPL, nonetheless, but I'd like to jump on one of these runs. I haven't been free during market hours so I haven't had time. I'll be free Thursday!
1hr Chart:
Double-Bottom: trend reversal (bullish); Green Ichimoku Cloud: support going forward/ahead (bullish); Green Candles above 5-day and 200-day moving averages (bullish); Higher lows following Double-Bottom (bullish); Moving average ribbon positively upwards and clearly defined: indicates all moving averages are in concensus
4hr Chart:
Moving average ribbon and candles positively ascending and broke through red Ichimoku Cloud (resistance) with little effort, only 3.5 days; candles forming support at $131.94 (yellow rectangular box above parallel level on Ichimoku Cloud)
(the "buy" and "sell" indicators don't mean anything on 1hr + (long-term) charts)
1hr Chart:
Double-Bottom: trend reversal (bullish); Green Ichimoku Cloud: support going forward/ahead (bullish); Green Candles above 5-day and 200-day moving averages (bullish); Higher lows following Double-Bottom (bullish); Moving average ribbon positively upwards and clearly defined: indicates all moving averages are in concensus
4hr Chart:
Moving average ribbon and candles positively ascending and broke through red Ichimoku Cloud (resistance) with little effort, only 3.5 days; candles forming support at $131.94 (yellow rectangular box above parallel level on Ichimoku Cloud)
(the "buy" and "sell" indicators don't mean anything on 1hr + (long-term) charts)
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