Apple To resume bearish trend

٨ أبريل ٢٠٢١

Apple is clealy making a zigzag corection

Currently Apple is comleting wave C of B or 2 and it's bearish trend for starting wave 3 or C will resume soon

Possible Targets for wave B or 2 are : 131 , 134 and 139

Posiible target for End of Correction is about 100 in optimistic scenaio (that is new upcoming bearish wave is wave C and not 3 )

٢٠ أبريل ٢٠٢١

ملاحظة

Apple is fighting it's strong resistance at 0.618 retracement and it seems it will lose the battle.
Stochastic indicator is making bearish reversal in overbought zone.
Still kept your position?

٢١ أبريل ٢٠٢١

ملاحظة

Now , we have a trade below the low of the candle which corresponds to bearish reversal in stochastic indicator in daily time frame. It makes the bearish reversal stable and signals that the last high may remain for several days.

٢٢ أبريل ٢٠٢١

ملاحظة

Divergence at the top between price and stochastic indicator is forming. Winter is coming !

٣٠ أبريل ٢٠٢١

ملاحظة

Now , we have a trade below last low (131.30) which means trend reversal confirmed.

٤ مايو ٢٠٢١

ملاحظة

Strong bearish move showed itself. Now we need a trade below 118.86 to confirm wave B completion. Otherwise it can still react to short term ascending line and move up to 139 USD. Lets follow the market.

١١ مايو ٢٠٢١

ملاحظة

AAPL lost the short term ascending trend line connecting 116.21 and 118.86 lows. we are closer to get confirmation for completion of wave B. Possible buy zones will be published later.
Wish you all the best profits my friends.

٢٧ مايو ٢٠٢١

ملاحظة

٣٠ يونيو ٢٠٢١

ملاحظة

Apple took out 137.07 High. Wave count needs a major update.
For now apple is going to attack 138-141 resistance.