Volume increase and best resistance level for this chart and good pattern showing on this chart and get best level on fib ristancment and it is good for level on this screen for next day for day trading.
Be bullish when others are fearful not to sell your holdings. The fed & Media are trying there best so you can closed your holdings & they can buy more.
Nasdaq is at pre-covid which means all the inflated money has been sucked out from november by the big players.
So it will turn positive once fed meeting is over.
Keep tight for the uptrend.
Note this is only for educational purpose.
1. volume is showing -ve sign in price.
2. RSI is in also showing weakness.
3. price is in the midway of resistance and support.
one should avoid any fresh trading position in apple.
Apple stock has been in parallel channel since Dec 2004 and now it is almost at the upper end of the channel.
If it fails to give BO then there is good possibility that it may correct in handsome way to retest the support highlighted.
Intraday setup for Apple stock! Consolidating under a mother candle and ready to give a breakout for the level of 156/157 in a day.
Levels are mentioned in the chart with risk management.
Swing Trading Strategy - 100 EMA Swing Trading System
- 1-day time frame
- 100 EMA
- Holding (3 weeks to 4 months)
APPLE Swing Trade 100 EMA 3 TO 4 month Holding
Based on previous analysis apple is ready for weekly pullback!
Check the previous analysis on my profile!
How to enter:
1. when the counter trendline is broken take a good R:R and sell
2. Taget is 140 but fir safety make is 140.5
3. Use Counter trendline and lower highs for stoploss!
All the best!
Heavy wedge pattern forming on Apple stock. Feeling highly bullish in medium term. Great time to buy at ~125 range. Expected a ~20% upside in 2-3 months.
