Certainly Apple ( AAPL ) is worth watching for a trend reversal within the stated zone objectives.
Currently there is a confluence of 2 Harmonic Bat Patterns within a price reversal zone (PRZ) area.
Additionally we have a triangle break with a target area objective which I have marked.
I am not recommending any long position until
a) The general broad market tone improves
b) the momentum indicators in the bottom panels turn up
Two reversal areas are suggested... from accepted harmonic and triangle breakdown targets.
At present a trade in the $115-120 area probably will get my attention.
I have also marked the broad trading channel going back to 2019 for perspective. (green)
This is not investment advice. Do your own due diligence
I will update as required.
Good Luck
S.
Commento:
Green shoots ??
Commento:
An update