Apple Is Coming Into Support
Aggiornato
Apple is coming down from 2022 highs, but drop is in seven swings so can be a corrective move that is now coming down into interesting support at $110-$120.
Notice that the current leg down from $150 is coming from a triangle, so a correction can be in late stages as triangles occur prior to the final leg of a higher degree structure.
A bounce in impulsive fashion back to 140 or higher would be signal for a bullish turn.
Notice that the current leg down from $150 is coming from a triangle, so a correction can be in late stages as triangles occur prior to the final leg of a higher degree structure.
A bounce in impulsive fashion back to 140 or higher would be signal for a bullish turn.
Nota
Apple is bouncing from projected support and considering sharp reversal up with broken channel resistance line, seems like complex correction from the highs is completed. So, be aware of more gains in upcoming weeks, just watch out for temporary pullbacks.Nota
Updated 
BLACK FRIDAY DISCOUNT -30%
CODE: bf30
👉wavetraders.com/elliott-wave-plans/
Learn Elliott Waves
👉 wavetraders.com/academy/
Newsletter Sign up
👉 bit.ly/3FVPVzO
CODE: bf30
👉wavetraders.com/elliott-wave-plans/
Learn Elliott Waves
👉 wavetraders.com/academy/
Newsletter Sign up
👉 bit.ly/3FVPVzO
Pubblicazioni correlate
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.