I walk through updating my trendlines and support/resistance lines to show you how I refresh my charts.
AAPL caught my attention because it is down in pre-market. This may create an opportunity to get in at a better price. It's stabilized from the February downtrend, holding above the 10&20 EMAs.
This gap down can hold around 206 where it's at now, or can fall further. If it falls further, wait for it to stabilize again or look for a strong pivot.
I think the higher probability is: it will dance around that 206 and EMA and do a shorter (intraday -3 day) reset to go higher.
If/when AAPL is a go to the upside again, look out for these potential pause or pullback points:
212-214 recent consolidation area
216 declining 50sma
226 recent previous resistance and 200SMA
237 break of weekly downtrend line and end of last year resistance levels
250 pivot high at the end of February
259 ATH
AAPL caught my attention because it is down in pre-market. This may create an opportunity to get in at a better price. It's stabilized from the February downtrend, holding above the 10&20 EMAs.
This gap down can hold around 206 where it's at now, or can fall further. If it falls further, wait for it to stabilize again or look for a strong pivot.
I think the higher probability is: it will dance around that 206 and EMA and do a shorter (intraday -3 day) reset to go higher.
If/when AAPL is a go to the upside again, look out for these potential pause or pullback points:
212-214 recent consolidation area
216 declining 50sma
226 recent previous resistance and 200SMA
237 break of weekly downtrend line and end of last year resistance levels
250 pivot high at the end of February
259 ATH
Emanuela | thetraderreset.com
면책사항
이 정보와 게시물은 TradingView에서 제공하거나 보증하는 금융, 투자, 거래 또는 기타 유형의 조언이나 권고 사항을 의미하거나 구성하지 않습니다. 자세한 내용은 이용 약관을 참고하세요.
Emanuela | thetraderreset.com
면책사항
이 정보와 게시물은 TradingView에서 제공하거나 보증하는 금융, 투자, 거래 또는 기타 유형의 조언이나 권고 사항을 의미하거나 구성하지 않습니다. 자세한 내용은 이용 약관을 참고하세요.