On the weekly timeframe, we can see that historically the price moves away from this downtrend line. Even when it broke above it, it returned below in 2016 is continuing to make lower highs.
TTM Squeeze is a momentum indicator. It appears that the price is going to push lower since the downward momentum is just beginning, light purple bar.
Commitment of traders,...
Daily Chart - Swing Trade - Fibonacci Retracement Strategy
QS retraced significantly from its ATH and is currently consolidating at the Point of Control (POC) also a Demand Zone right around $50.00. ADX is below 25, meaning QS is not trending right now. You'll notice on the left that the fib retrace level shows, just over 78.6% price retraced, which is big and a...
Apple had a solid run over the summer, well really from April to July.
The past few weeks APPL has been trending down but when we zoom out to the weekly time frame we can identify that APPL is still in an uptrend.
It continues to make Higher Lows.
It is above the Exponential Moving Average.
We can also take a look at the Fibonacci Retracement which I find...
