AAPL looks very attractive now, because of the pitchfork and that orange broadening ascending wedge. But I think that starting car manufacturing is a pretty cost and time spending project. It maybe brings more correction.
Apple gaped down on Feb 17th after breaking long-term uptrend. I think Apple will bounce up and fill this gap around 132.50. Gaps fill 80% of the time. I think it will then hit resistance. Too many factors are bearish for Apple. Rising Yield Curve resulting in lower multiples. Rotation out of Mega Cap Tech and into Cyclicals. The reopen of the economy and consumer dollars moving to other sectors. The future is uncertain for …
I’m fairly new to Harmonic patterns, feedbacks or confirmations welcomed. If this is true, $114 would be the perfect 78.6% retracement entry from this bearish crab pattern AND would bounce off the 200ema.
This is what I see on AAPL in the coming weeks. Hope we remain bullish but get ready for puts just in case — if AAPL moves down market moves down so this can have huge effect on entirety of S&P.
I had made a post yesterday (03-02-2021) regarding a “dark cloud cover” pattern on AAPL. Today AAPL was bearish throughout the day dropping about -4 Points 3ish% All today was besides a pattern following through was a CONFORMATION!! AAPL expected to drop even more tomorrow (03-04-2021) held profits from today totaling about 230% ROI and selling intraday tomorrow , I was so confident in this pattern i bought halfway through the creation of yesterday’s candle …
I study Japanese candlesticks have been for years this pattern by far is the most accurate the dark cloud cover, expected drop tomorrow for a conformation candle, Regardless of the trade and price action a drop is expected.