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$APPL 172$ and 168$ available targets for bears
Apple Inc
$APPL 172$ and 168$ available targets for bears
By AresTrades
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Jul 5, 2018
5
Jul 5, 2018
APPL on daily rejected tenkan aggressively at $188 but there might be another retest of it as a resistant confirmation.
On weekly, tenkan support at 172$ ( fib retrace 0.5)and kijun is sitting at 168$ ( fib retrace 0.6) as for why these targets.
Fib Guppy is also tightening (6 levels) and a weekly close below the guppy will signal high volatility towards the bear targets.
A patient short swing will be a profitable one.
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