On the daily timeframe Apple (AAPL) started a correction in September 2020 and there is a high probability that it ended in March 2021. From the March lows we got an up move that stopped at $139 USD on 29th of April. We are now seeing a correction for that first up move that will drop the price to the support area marked on the chart or at the blue trendline (if it is deep). After that we expect the price to go up.
Trade with care.
Best regards,
Financial Flagship
Disclaimer: The analysis provided is purely informative and it should not be used as financial advice. Remember that you need a plan before you start trading; so, take this knowledge and use it as a guidebook that will ultimately help you understand the market and easily predict your next move.
Trade with care.
Best regards,
Financial Flagship
Disclaimer: The analysis provided is purely informative and it should not be used as financial advice. Remember that you need a plan before you start trading; so, take this knowledge and use it as a guidebook that will ultimately help you understand the market and easily predict your next move.
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