The algorithm has found an interesting chart pattern formation in Apple. We can see a decreasing volatility which usually means that bulls and bears are reaching a fair price until something happens and a rally appears.
Seems that an uptrend can unfold in the next days if the bearish trendline is broken. Take care because there is also a double bottom which will be validated if AAPL breaks the black upper line in $157. If AAPL validates the double bottom we could easily reach the $170 zone.
AAPL has also strong fundamentals, which is not important in the short term but is always a plus.
Seems that an uptrend can unfold in the next days if the bearish trendline is broken. Take care because there is also a double bottom which will be validated if AAPL breaks the black upper line in $157. If AAPL validates the double bottom we could easily reach the $170 zone.
AAPL has also strong fundamentals, which is not important in the short term but is always a plus.
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The price finally broke down the danger zone. We've posted a new idea.
