EvanMedeiros

bearish wedge continues to develop this week expect resolve soon

做空
BATS:AAPL   Apple Inc
2
$AAPL just an ugly bearish wedge continuing to develop this week as the S&P puts together a 3%+ rally. these pivot highs all become important levels that the bulls really need to set their eyes on taking out. Chart remains oversold on most timeframes but within the context of a very bearish complacent downtrend . All eyes on previous 385 pivot low which seems all too obvious to be the true reversal point. If we slam down there today it would very likely offer a bounce (and maybe a good one) just given how and where we have come from but I would stay very suspect of that level becoming longer term true support.

Evan Medeiros
Founder, Trade Risk
---
Website: www.thetraderisk.com
Twitter: www.twitter.com/evanmedeiros
Latest Analysis: thetraderisk.com/smw
Free Newsletter: www.thetraderisk.com/trading-newsletter
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。