Ok, AAPL dropped a lot last week, and we have no signs of the bulls around here. But the bears are quite weak too, as they couldn’t make AAPL hit the 122 again.
Since last week I find the RSI weird, and now we have something that resembles another advanced breakout. AAPL did this pattern in the past, and it didn’t work, so, we gotta be careful here.
I think the 125 is a good break point that could lead AAPL to the 126.40 again, but this is not enough to impress me.
In the 4h chart we see that AAPL still has more downside ahead, if it doesn’t break the 125 quickly. Again, the 122.74 is our target for now.
AAPL is in a consolidation, trading inside a range, and if it hits the 122 again, we’ll see if we can trade it again. I’ll keep you guys updated!
If you liked this trading idea, remember to click on the “Follow” button to get more trading ideas like this, and if you agree with me, click on the “Agree” button 😉.
See you soon,
Melissa.
Since last week I find the RSI weird, and now we have something that resembles another advanced breakout. AAPL did this pattern in the past, and it didn’t work, so, we gotta be careful here.
I think the 125 is a good break point that could lead AAPL to the 126.40 again, but this is not enough to impress me.
In the 4h chart we see that AAPL still has more downside ahead, if it doesn’t break the 125 quickly. Again, the 122.74 is our target for now.
AAPL is in a consolidation, trading inside a range, and if it hits the 122 again, we’ll see if we can trade it again. I’ll keep you guys updated!
If you liked this trading idea, remember to click on the “Follow” button to get more trading ideas like this, and if you agree with me, click on the “Agree” button 😉.
See you soon,
Melissa.
