I see strong bearish divergence shown on the RSI for the APPLE INC.’ chart. This is an indication of an upcoming crash.
Last time this type of divergence showed up, APPLE INC.’ crashed by over 50%. You can expect something similar this time.
When the crash starts, expect to find support at the following levels:
(1) 195.99
(2) 142.96
(3) 110.79
Thanks a lot for reading.
Please like if you enjoyed this analysis.
Namaste.
Last time this type of divergence showed up, APPLE INC.’ crashed by over 50%. You can expect something similar this time.
When the crash starts, expect to find support at the following levels:
(1) 195.99
(2) 142.96
(3) 110.79
Thanks a lot for reading.
Please like if you enjoyed this analysis.
Namaste.
Comment:
We are reaching our first support. Going down as expected.
Comment:
(1) 195.99 - Target hit
(2) 142.96 - Next target
(3) 110.79
(2) 142.96 - Next target
(3) 110.79
Comment:
We are now below EMA10. Crash will continue:
Comment:
We are half way there, it will continue dropping. Soon we will hit our second target:
Comment:
(1) 195.99 - Target hit
(2) 142.96 - Target hit
(3) 110.79 - Next target
(2) 142.96 - Target hit
(3) 110.79 - Next target
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