AAPL, Major Trend-Dynamics, Volume, Momentum and Targets!

Hello There!

Welcome to my new analysis about AAPL on several timeframe perspectives. As AAPL has shown up with this huge bearish price-action to the downside testing the remaining supports at 175 this has been a crucial dynamic from where AAPL should determine further dynamics of its future price-action because if the breakout below the previous supports settled this would trigger a lot more bearish positions to the downside as even already seen before since the pullbacks from the all-time-high area.

The fact that AAPL firstly formed the reversal lows here now does not mean AAPL is completely bullish forever however with the formational structure within the local 4-hour timeframe perspective AAPL could setup the major reversal to determine initial target-zones within the structure from where the momentum should be measured once they are reached. If the momentum moves on as it already established before this will provide the price-action for a much larger formation to be completed here.

The much larger formation which will be completed once AAPL shows up with the appropriate momentum is a massive ascending triangle formation within the channel and once it has been completed with the necessary momentum it will activate the target-zones mentioned. The final confirmation is going to setup once AAPL formed the breakout out of the boundary into the trend-direction. Especially, if the establish Consumer Demand Expenditures do not decrease further this is likely to accelerate the price-action-dynamics.

Thank you for watching my analysis. Support from your side is greatly appreciated.

VP

Comentário:

ANALYSIS UPDATE: A significant demand-boost is going to setup the necessary fuel for the price-action to reach out the head-shoulder targets firstly and above this also the breakout into the new all-time-high.

Comentário:

ANALYSIS UPDATE: AAPL had the potential to hold within the range above the main support zones.

The next times will be extremely important in determining the factor of a potential breakout condition.