- Apple broke daily Rising Wedge
- Likely to fall to support level 225.00
Apple recently reversed from the resistance area between the resistance level 240.00 (which also reversed the price in March) and the upper daily Bollinger Band.
The downward reversal from this resistance area started the active downward correction which then broke the daily Rising Wedge from August.
Apple can be expected to fall further toward the next support level 225.00 (low of the previous correction 2 from August).
- Likely to fall to support level 225.00
Apple recently reversed from the resistance area between the resistance level 240.00 (which also reversed the price in March) and the upper daily Bollinger Band.
The downward reversal from this resistance area started the active downward correction which then broke the daily Rising Wedge from August.
Apple can be expected to fall further toward the next support level 225.00 (low of the previous correction 2 from August).
By the FxPro Analyst Team
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By the FxPro Analyst Team
Follow our dedicated Telegram channel t.me/fxpro for insightful market analysis and expert commentary.
Reach out to media.comments@fxpro.com for PR and media inquiries
Follow our dedicated Telegram channel t.me/fxpro for insightful market analysis and expert commentary.
Reach out to media.comments@fxpro.com for PR and media inquiries
Exención de responsabilidad
La información y las publicaciones no constituyen, ni deben considerarse como asesoramiento o recomendaciones financieras, de inversión, de trading o de otro tipo proporcionadas o respaldadas por TradingView. Más información en Condiciones de uso.