Circle areas represent trendline support strong reliable breakout in spx 500 it suggest US market to blast big from here and no surprise we can see all time high in month to come the weekly breakout suggest continuation
APPLE Stupendous rally from previous high of 82 in Jan 2020 to 182 Jan 2022. Will it give a good dip to 135-145 before trying to scale 200?
Apple stock makes another rejection from fresh supply expected to touch previous demand zone. Look for short in mid interval
correction index means correction of the basket itself indeed it also needs to correct before an upmove marked are supports
the price is rangebound for short term unless broken with a good voulume , trade between marked support and resistance levels .
Apple weekly view: On a weekly time frame a bearish divergence can be witnessed on the chart. A bearish divergence occurs when prices go higher but the RSI remains lower. Watch the 2 red arrows. This friday as on 13/9/19 Apple gave a close at 218.75. Now the immediate support is 212.72. If this is cracked heavily we can see down ticks near 208.78 and 204.55...
i see the stock may extreme pressure in coming days !! even 20$ cant be ruled out