Hello Traders and Investors , my name is Philip and today I will provide a free and educational multi-timeframe technical analysis of Apple 💪 Starting on the monthly timeframe you can see that after Apple broke out of the clear triangle formation in confluence with the bullish moving averages, Apple created a strong rally of 30% towards the upside,...
Five of our algorithms point to near-term declines for LKQ on the hourly chart. Our first algorithm (version 1) has identified this event 23 times. All 23 times the stock has dropped at least 1% over the next few days. It has dropped as much as 3% more than half the time. We are projecting slight movement up which should last no more than 2 full trading days...
The green period sets the tone for the next few periods. A sharp drop characterized by an immediate and sudden bounce higher ending with concave summit. The red period sets the tone for a small retracement but then another leg up. This period ends with a high degree of consolidation and relative quiet. The blue period is where we are now and the sequence of...