AAPL -very near term trade Idea
I expect some very short term downside to finish this week. As can be seen on the four hour chart, rising wedge within a downward bearish channel. For short term I expect it to fall to position 5, finding a bottom and then reversing.
Looking at the day chart I think its possible with the TTM squeeze turning positive as well as a possible cross on MACD we break out of the bearish channel and push higher permitting that there isn't any significant bad news market wide and for AAPL.
Always do your own analysis before taking any position.
share your thoughts.
Looking at the day chart I think its possible with the TTM squeeze turning positive as well as a possible cross on MACD we break out of the bearish channel and push higher permitting that there isn't any significant bad news market wide and for AAPL.
Always do your own analysis before taking any position.
share your thoughts.
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