THIS SOUNDS CRAZY THO!!!
looking at AAPL chart, you could clearly see an overbought price for AAPL stock....this week's candle reject from the previous highs and also since AAPL contributes to the highest percentage in US500....a decline is positively correlated as such!!!
Also, Due to the increasing strength of the USd as a result of the increase yield....still looking on to the short of stocks.
NB: Red box: rejection zone
Blue Box: breakout zone
A clear breakout of my breakout zone clearly breaking my EMA's shows an active response!!!
looking at AAPL chart, you could clearly see an overbought price for AAPL stock....this week's candle reject from the previous highs and also since AAPL contributes to the highest percentage in US500....a decline is positively correlated as such!!!
Also, Due to the increasing strength of the USd as a result of the increase yield....still looking on to the short of stocks.
NB: Red box: rejection zone
Blue Box: breakout zone
A clear breakout of my breakout zone clearly breaking my EMA's shows an active response!!!
