What will happen?
Apple is trading right on support. If it does not hold the support then it would trend down to 157ish. If it does hold the support then it could head to 176ish. Apple additionally just went below the 50 SMA meaning it is bearish. Prior to reaching 157 AAPL would need to traverse the 100 SMA. So that would need to be taken into account.
Going to see what happens in the coming days but looking to enter a trade here in which the direction it begins to trend
Not financial advisor. Do your own DD and use your own intuition. Not advice just what I see.
Apple is trading right on support. If it does not hold the support then it would trend down to 157ish. If it does hold the support then it could head to 176ish. Apple additionally just went below the 50 SMA meaning it is bearish. Prior to reaching 157 AAPL would need to traverse the 100 SMA. So that would need to be taken into account.
Going to see what happens in the coming days but looking to enter a trade here in which the direction it begins to trend
Not financial advisor. Do your own DD and use your own intuition. Not advice just what I see.