Inizia
Apple Inc

Apple – Why the bearish engulfing not so bearish

Di Rajesh_Ramchandani_Delta
AAPL

Observations:

After breaking the upward channel, Apple is at re-test point on upward band of the channel. (shown at B)

It closed at the 76.4% Fibonacci level from the lows of Oct 2021. (Shown at A)

Though the bearish engulfing is formed, the weakness can be only confirmed once upward channel is decisively broken on downside. The level is also near to 38.2% level at around 155.

appleBearish EngulfingFibonaccinasdaq100Support and ResistanceTechnical AnalysisTrend Lines
Rajesh_Ramchandani_Delta

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.