shorting resistance @ $1.70 1.75 stop, price target $1.54
Price has retested and filled the gap from over the weekend. From Friday we can see trapped short sellers volume with expected rise for Monday. Enter when price hits the High of the Day (HOD) for about 16 pips just under the HOD from Thursdays session.
Clear bull flag pattern with a gap that could be filled. Buy at break of $10.45. First target is $12.05 and second target is $12.53.
Fundies... Gap fills + BoJ + Fed Gaps 102 - 103 107 - 108 Fed Fold on Wednesday BoJ Thursday Brexit "Stay" On June 23rd Also...that wedge ;D
This could present a decent long opportunity if the price gets to $80 level. There is a gap that could be filled at this level and provide a good opportunity
People will laugh at you if you say $75 as a price target for AAPL-3.06% . But there are some good technical reasons to believe it might happen, outlined in this chart. WE have an unfilled gap at $75, and a confirmed H&S top with a technical target that takes us to the gap. Sentiment has turned and while a move to $75 would be extreme for such a profitable...
EDIT: sorry if the on chart text is small - essentially from left to right the text boxes on the chart say, 1) observe the gap 2) We assume the spike down in Sep is anomalous 3) Downward price target of H&S is the distanceof the neckline to head 4) NEckline retest confirms the pattern People will laugh at you if you say $75 as a price target for AAPL. But there...
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