Although the latest weekly candle looks very bearish, I think we are about to see a turnaround.
At least sooner or later...
The reason for my assumption is the following;
The entire market (including APPLE) is oversold on the daily chart.
VAH and the S1 weekly Pivot point is below us (135.25), which provides strong support.
It is important to note that we need to wait for signs of a turnaround, because there is no way of knowing exactly where the market will turn.
The weekly candle, MACD and RSI continue to show a downward trend.
Support: 135.27, 123.97
Resistance: 148.38, 157.49
At least sooner or later...
The reason for my assumption is the following;
The entire market (including APPLE) is oversold on the daily chart.
VAH and the S1 weekly Pivot point is below us (135.25), which provides strong support.
It is important to note that we need to wait for signs of a turnaround, because there is no way of knowing exactly where the market will turn.
The weekly candle, MACD and RSI continue to show a downward trend.
Support: 135.27, 123.97
Resistance: 148.38, 157.49
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Publicaciones relacionadas
Exención de responsabilidad
La información y las publicaciones que ofrecemos, no implican ni constituyen un asesoramiento financiero, ni de inversión, trading o cualquier otro tipo de consejo o recomendación emitida o respaldada por TradingView. Puede obtener información adicional en las Condiciones de uso.