themarketzone

Earnings Trading Scenarios towards earnings

NASDAQ:AAPL   Apple Inc
Two earnings scenarios for $AAPL towards earnings:
1) Inverted H&S pattern - Neck line between 118-120$ - Potential bullish scenario as long as the price remains above the neck line

2) Bearish Gartley pattern - Completion near 125$ (also minor structure zone) - Potential bearish scenario that will lead AAPL back towards the 200 MA line and 100$

Read about this setup and more in this week's newsletter (link in signature below)

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