Hello traders , here is the full multi time frame analysis for this pair, let me know in the comment section below if you have any questions, the entry will be taken only if all rules of the strategies will be satisfied. wait for more Smart Money to develop before taking any position . I suggest you keep this pair on your watchlist and see if the...
APPLE AT ITS IMPORTANT LEVEL
Apple was founded as Apple Computer Company on April 1, 1976, by Steve Wozniak, Steve Jobs (1955–2011) and Ronald Wayne to develop and sell Wozniak's Apple I personal computer. It was incorporated by Jobs and Wozniak as Apple Computer, Inc. in 1977.
Only for educational purpose.
Levels are mentioned on the charts. As long as it sustains above 175.50, chances of going to 181 or 186 are there. Should retest the breakdown levels.
Only for learning and sharing purposes, not a piece of trading advice in any form.
All the best for your trading journeys.
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.
Nasdaq is at critical .618 fibonacci support level AND AAPL is ALSO at 0.382 fibonacci support level.
If Nasdaq holds this level for weekly cbsl today 6/Jan/2023 AND AAPL closes above 126 usd expect ATLEAST 500 points bounce.
AAPL is at critical 0.382 fibonacci support level - need weekly close above126 today 6th Jan 23. Else AAPL can crash land to 109 and along with it take down nasdaq to psychological 10000 level too.
Can take a very small risk for best return on the upside.
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.
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.