Apple - A Correction Is Actually Inevitable!

4 thg 11, 2024

Apple (AAPL) is preparing for a minor cycle correction:



Click chart above to see the detailed analysis👆🏻

After creating five consecutive bullish breaks and retests of the previous all time high, it seems like Apple is one of these stocks which is perfectly following technical analysis. Considering that and the current rising channel pattern, it is quite likely that we will now see a short term correction.

Levels to watch: $190, $240

Keep your long term vision,
Philip (BasicTrading)

14 thg 11, 2024

Giao dịch đang hoạt động

Trading update on Apple (AAPL):



Click chart above to see the detailed analysis👆🏻

Apple is still over and over again retesting the upper resistance trendline of the rising channel. Bears did not take over yet, however after the recent + 45% rally, it is still quite likely that we will see a retracement. This would simply end with a bullish break and retest.

Levels to watch: $240

Keep your long term vision,
Philip (BasicTrading)