Following a hold of a 50% retracement late November to retest the top of the established range
AAPL this week has confirmed a break of the 125 level. It has the momentum to retest the ATH with a high probability.
The overall move this year did not perform a full retracement pullback to the 50% Fibonacci level. Instead it only held the 38.2% retracement. This suggests strong bullish momentum for the long term. Following a retest of the ATH I would be looking for a confirmed break to continue.
The overall move this year did not perform a full retracement pullback to the 50% Fibonacci level. Instead it only held the 38.2% retracement. This suggests strong bullish momentum for the long term. Following a retest of the ATH I would be looking for a confirmed break to continue.
"Be to others the person you needed to meet 10 years ago"
Discord Trading Community: discord.gg/eDfhKvS5AC
Youtube: youtube.com/c/NoroksNotepad
Twitter: twitter.com/noroktrade
Discord Trading Community: discord.gg/eDfhKvS5AC
Youtube: youtube.com/c/NoroksNotepad
Twitter: twitter.com/noroktrade
منشورات ذات صلة
إخلاء المسؤولية
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
"Be to others the person you needed to meet 10 years ago"
Discord Trading Community: discord.gg/eDfhKvS5AC
Youtube: youtube.com/c/NoroksNotepad
Twitter: twitter.com/noroktrade
Discord Trading Community: discord.gg/eDfhKvS5AC
Youtube: youtube.com/c/NoroksNotepad
Twitter: twitter.com/noroktrade
منشورات ذات صلة
إخلاء المسؤولية
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
