Price action wise.
Daily Timeframe - Price is currently around the level of 127.00 and as it stand price is failing to create a lower Low. if price continues higher and breaks 127.00 it will not only break formation which can indicate the higher timeframe move, but as price gets above that level, it will confirm buying.
Fundamentally - we're in that seasonally period where Apple does look to gain in value. Tie that along side the NAS100 index looking to gain value in the month of April, it will help the Tech sector which apple is apart of rise in price.
Objective - I want price Above 127.00 to show me conviction from The buyers. As soon as I get my higher timeframe direction, I will then use my lower timeframes to find my Intraday entries.
Daily Timeframe - Price is currently around the level of 127.00 and as it stand price is failing to create a lower Low. if price continues higher and breaks 127.00 it will not only break formation which can indicate the higher timeframe move, but as price gets above that level, it will confirm buying.
Fundamentally - we're in that seasonally period where Apple does look to gain in value. Tie that along side the NAS100 index looking to gain value in the month of April, it will help the Tech sector which apple is apart of rise in price.
Objective - I want price Above 127.00 to show me conviction from The buyers. As soon as I get my higher timeframe direction, I will then use my lower timeframes to find my Intraday entries.
Disclaimer
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.