Lucas_Sochulak

AAPL, RESISTENCE AND SUPPORT ZONES 1.3.2020

NASDAQ:AAPL   Apple Inc
Hi, traders.
My name is Lukas and I am a beginner in trading, respectively, I only trade 6 months. But that means I have to do the necessary analyzes without it I can't trade. I want to show you how I work on myself and document my beginnings. I use Vix and my strategy is built on to return to average. I highlight the important support levels and resistances that flow from the volume profile, all drawn on graph. These zones determine the ability to respond in some way to the market from 1 to 3, with 1 being the largest.

Short description of analysis:

We have experienced a big sale last week, the volatility index is high as it was in 2015 and 2018, currently an extreme period. This means that we need to monitor the market, we are at the border that determines where the market will go. In case of breaking the support zone (2) we can look up to 200$ - 180$. Of course, my analysis does not serve like market forecasts and I am not responsible for your trades if you use my analysis for your own trades.

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.