AAPL is currently showing daily bearish divergence, and looks to be a bit over-extended. I am watching the 200 day moving average around $191 and the prior-resistance-turned-support-zone around $185, which would also coincidence with the 50 day moving average as possible area's for the price to retrace to.
Moving average guide (All daily for this post):
50 day moving average in Green.
100 day moving average in Yellow.
200 day moving average in Red.
Target 1 on a pull-back: 200 day moving average around $191
Target 2 on a pull-back: S/R flip zone around $185, which is also in the vicinity of the 50 day moving average.
-This is not financial advice. Always do your own research and own due-diligence before investing and trading, as for investing and trading comes with high amounts of risk. I am not liable for any incurred losses or financial distress.
Moving average guide (All daily for this post):
50 day moving average in Green.
100 day moving average in Yellow.
200 day moving average in Red.
Target 1 on a pull-back: 200 day moving average around $191
Target 2 on a pull-back: S/R flip zone around $185, which is also in the vicinity of the 50 day moving average.
-This is not financial advice. Always do your own research and own due-diligence before investing and trading, as for investing and trading comes with high amounts of risk. I am not liable for any incurred losses or financial distress.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
FTX US: ftx.us/
Sign up for Binance US here: binance.us/?ref=35000668
Sign up for Binance US here: binance.us/?ref=35000668
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.