Hi friends yesterday closed an Idea on Apple and prepared a new chart hope it will help to me for trading in it coming session sharing with all of you.
So i have a long view here in Apple as my anticipations this time is price will break the resistance and will give a breakout on provided daily time frame chart and the reasons i am looking are that volume buildup seems good in recent sessions and broke some lowers highs and trying to change the character and gives a daily/weekly close near to it's all time highs, daily weekly candles seems fine so we can see a fresh momentum if price will break resistance and sustain above for one two sessions.
Alternative veiw is price will take resistance nearby marked resistance and will come down to marked support and will bounce from there towards marked target after resistance break.
Target i measured from parallel cahnnel height in which price is consolidating from a long time and hope this time we will see a breakout.
Target-:
This idea is meant for only educational purpose this not any kind of trading or investment advice.
Best Regards- Amit
注释
Hello mates, In last session price moved toward mentioned support as pr shared view in idea description not able to break and tried to make a bounce from there so now we have too see in today's session that we will get a bounce from there or not towards resistance but so far marked support respected very well
注释
Hello friends, As we are seeing a resistance breakout after an appropiate bounce from mentioned support level. Now we have to see that price will sustain above this resistance or not as i wrote in description but now i assume that resistances below will work as good supports, Rest i will update accordingly if price sustain above on resistance with bullish strength
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Price also showing bullish strength today like yesterday good up after yesterday's close above resistance after breakout now i assume that this breakout will sustain, One important thing i want to share that after this bullish breakout earlier resistance can act as a good support because price broken out from a long consolidation channel after grabbing a dual selling force (buyers and sellers) on resistance
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Hi mates so now i am updating this publication after many sessions as i observed that price made a support base at the highest price of channel breakout candle by two three sessions and bounced from there and now heading towards recent swing high which it made after published idea and after breakout so i marked a resistance too if price will break and close above we can see a buil up of fresh momentum in price in wanted direction of this trade idea. Thanks for reading and supporting my idea mates.
Smaller time frame for better understaning the shared base fromation which actually was a resistance for price after breakout mates
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Hi mates, as i shared a swing high resistance in above update so yeterday price breached that resistance price and closed above after getting an exact rejection day before yesterday this closing is the highest closing ever by Apple share on daily time frame hope we will see a fresh momentum from here towards marked target and this resistance can work as support this time if we will get a bullish strength so far trade if going goos after the main resistance 199 discussed in description thanks for reading and supporting the publication
注释
Trailing Stop loss Update- Hi friends sharing a second last update for this publication so as we all know that took a twenty percent target from resistance and got a breakout entry at 207 on 11th June 2024 and in this process four percent target was lapsed so technically i only have left sixteen percent overall target and so from my entry my trade position is gaining almost ten percent so i am considering this as a good gains and taking half of my position gains now and for rest i will move my stop loss to my entry price as a trailing stop loss mates and next i will update this idea only when it will reach to final marked target of 240 levels and in the meantime if anything happens important then i will update you all. Thanks for reading supporting my idea, See you again when the target will achieved
交易结束:到达目标
Target Update- Yesterday price reached 237 levels which i mentioned a target in idea description by an attached image snapshot for this target. Some days ago price was did same target but due to some reasons i was unable to give update that time so now i am updating and closing this trade, Still chart is looking good will try to share fresh publication soon on Apple. Thanks for reading and supporting my idea.