AAPL: Testing Support with Bearish Signals
🔥 LucanInvestor's Strategy:
🩸 Short: Below $229.47, targeting $225 and $220. MACD remains bearish, and the price is below the 9-day EMA.
🩸 Long: Above $236.07, aiming for $240 and $246. A recovery above the 9-day EMA could trigger renewed buying interest.
🔥 LucanInvestor's Commands:
🩸 Resistance: $236.07 — A key level for bulls to reclaim upward momentum.
🩸 Support: $229.47 — Immediate support; breaking below this could intensify bearish pressure.
Apple (AAPL) is trading under bearish pressure, with MACD indicating continued weakness and the price below the 9-day EMA ($236.07). Elevated selling volume supports the current downtrend. A sustained move above $236.07 is needed to signal a potential reversal.
👑 "Master the moment when the market tests your conviction." — LucanInvestor
🩸 Short: Below $229.47, targeting $225 and $220. MACD remains bearish, and the price is below the 9-day EMA.
🩸 Long: Above $236.07, aiming for $240 and $246. A recovery above the 9-day EMA could trigger renewed buying interest.
🔥 LucanInvestor's Commands:
🩸 Resistance: $236.07 — A key level for bulls to reclaim upward momentum.
🩸 Support: $229.47 — Immediate support; breaking below this could intensify bearish pressure.
Apple (AAPL) is trading under bearish pressure, with MACD indicating continued weakness and the price below the 9-day EMA ($236.07). Elevated selling volume supports the current downtrend. A sustained move above $236.07 is needed to signal a potential reversal.
👑 "Master the moment when the market tests your conviction." — LucanInvestor
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