A START OF A TREND!!! AAPL Stock, HANGING MAN PATTER (1D CHART).
WE ALL KNOW THAT THERE IS SOME PATTERNS DETERMINE WHEN TO ENTER AND EXIT TRADES.
THE "HANGING MAN" SHAPE ISA SMALL BODY ON TOP OF LONG TALE' THE TALE UNERNEATH SHOULD BE DOUBLE THE BODY SIZE. AT THIS SITUATION CONFIMING THAT THE INVESTORS THINK THE PRICE GOT THE MAX PRICE FOR THESE PERIOD.
WHICH MEANS WE HAVE A STRON BEARISH TREND,
LETS ENJOY IT,
I THINK THE DOWN WAVE WILL KEEP UNTIL THE EARNINGS,
WILL DO SOME REVERSALS AT THE EARNING DAY AND CONTINUE THE DOWN TREND.
THE "HANGING MAN" SHAPE ISA SMALL BODY ON TOP OF LONG TALE' THE TALE UNERNEATH SHOULD BE DOUBLE THE BODY SIZE. AT THIS SITUATION CONFIMING THAT THE INVESTORS THINK THE PRICE GOT THE MAX PRICE FOR THESE PERIOD.
WHICH MEANS WE HAVE A STRON BEARISH TREND,
LETS ENJOY IT,
I THINK THE DOWN WAVE WILL KEEP UNTIL THE EARNINGS,
WILL DO SOME REVERSALS AT THE EARNING DAY AND CONTINUE THE DOWN TREND.