It appears that Apple might be coming up on some strong resistance soon. possible completion of an AB=CD pattern is almost complete as well as the .618 retracement taken from the Nov 4 2015 high and the may 12 2016 low additionally my stochastic indicator is reaching the overbought condition. will look to go short @110.55 all comments welcome Thanks for...
Market is part of Weekly Recap: youtu.be
The technical picture for AAPL prices look bearish. First support is at 89.50. If that breaks we could see more down side to the level of beginning to may 2014 at 75.93 Let's see where apple stock will open today.
Hourly chart Update - wave 4 minor toward completion 102 erea ''and than to wave 5 minor of (c) still further declines expected to 85.39 erea
97.27 $ 2. Target (3.30 $ Chance) 96.58 $ 1. Target (2.61 $ Chance) 93.97 $ last Price 93.42 $ 1. Support (0.55 $ Risk) 92.39 $ 2. Support (1.58 $ Risk) Change/Risk Ratios are 1st 4.75 and 2nd 2.09 C/R Ratio = 1.Target/Support and 2.Target/Support You can use both support levels as stop-loss price levels. And both targets also even as take profit price...