Apple H&S and retest of 330 or 310

١٨ يونيو ٢٠٢٠

I was looking at Apple as well, possible H&S, but last hour it was almost invalidating it so didn't continue with it. Now coming back down again so the H&S is still alive here. The only way i see it working is if we see some acceleration to the downside. So crawling to 351ish support, if the 350.5ish then breaks, a fast drop below 349 should happen. If so, the H&S target around 345 should get reached. Then depending on what the market does, maybe even a retest of 330. But one step at a time, Tech stocks are super SUPER strong.

Starting to drop some more while writing this, so maybe we will see that drop happen. When it keeps staying above the 351ish, we could see a failure and therefore a counter move up, something which has happened often lately. So think this analysis can work for bears and bulls :)


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