AAPL
Daily chart analysis
Sept.’20 – Jun.’21 price was in an ascending triangle with Resistance at 138 area
Jun.’21 price breaks out from triangle, pulled back, and turned resistance of 138 into support and continued the previous uptrend.
On Dec.’21 Price reaches all-time high at around 182.
Since making all-time high of 182, price has failed to make higher high. It has now made Lower Highs on its last two attempts to reach higher prices. This shows us the seller pressure up above from bears.
During this time, price also fell below support of 138 making a Lower Low.
Price looks to be in a downtrend price channel.
Currently, price is coming off a Lower High and has created a Downtrend line which it is current still respecting.
Unlike the previous down move from Apr.-Jun.’22, this move is fully respecting the 20ema. This move is more intense than the last and should push to make another Lower Low.
Until the trend line is broken, the downtrend is still intact and we’ll look for short opportunities when price pulls back to area of value.
Price is at “area of value”. This is my cue to enter trade.
Entering trade short
Entry: 142.37
Stop loss: 148.77, -4.5%
Target: 124.25, +12.73%, 2.83 RR ratio
Daily chart analysis
Sept.’20 – Jun.’21 price was in an ascending triangle with Resistance at 138 area
Jun.’21 price breaks out from triangle, pulled back, and turned resistance of 138 into support and continued the previous uptrend.
On Dec.’21 Price reaches all-time high at around 182.
Since making all-time high of 182, price has failed to make higher high. It has now made Lower Highs on its last two attempts to reach higher prices. This shows us the seller pressure up above from bears.
During this time, price also fell below support of 138 making a Lower Low.
Price looks to be in a downtrend price channel.
Currently, price is coming off a Lower High and has created a Downtrend line which it is current still respecting.
Unlike the previous down move from Apr.-Jun.’22, this move is fully respecting the 20ema. This move is more intense than the last and should push to make another Lower Low.
Until the trend line is broken, the downtrend is still intact and we’ll look for short opportunities when price pulls back to area of value.
Price is at “area of value”. This is my cue to enter trade.
Entering trade short
Entry: 142.37
Stop loss: 148.77, -4.5%
Target: 124.25, +12.73%, 2.83 RR ratio
交易开始
Trade still active. Expecting price drop. If price breaks 153, will exit
交易结束:到达止损
Closed @ 153交易开始
reEntry: 142.37Stop loss: 148.77, -4.5%
Target: 124.25, +12.73%, 2.83 RR ratio
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免责声明
这些信息和出版物并不意味着也不构成TradingView提供或认可的金融、投资、交易或其它类型的建议或背书。请在使用条款阅读更多信息。