Apple IncLong
Inverse H&S inside falling wedge
analysis is in the charts, but quick rundown.
1.We attempted inverse H&S from may to June (got rejected)
2. We fell to our most recent low and formed an inverse H&S along the support of the descending wedge, which broke out to push us to the resistance of the wedge.
3. We're probably going to top out around 144.50-145.10, descend and make the right shoulder before we breakout.
4. Alternatively, we don't go all the way to 144.50-145.10, reject where we are currently (blue arrow) and begin to fall back down to support and finish out the wedge pattern.
1.We attempted inverse H&S from may to June (got rejected)
2. We fell to our most recent low and formed an inverse H&S along the support of the descending wedge, which broke out to push us to the resistance of the wedge.
3. We're probably going to top out around 144.50-145.10, descend and make the right shoulder before we breakout.
4. Alternatively, we don't go all the way to 144.50-145.10, reject where we are currently (blue arrow) and begin to fall back down to support and finish out the wedge pattern.
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Declinazione di responsabilità
Le informazioni ed i contenuti pubblicati non costituiscono in alcun modo una sollecitazione ad investire o ad operare nei mercati finanziari. Non sono inoltre fornite o supportate da TradingView. Maggiori dettagli nelle Condizioni d'uso.