Apple Inc Bearish Candle
The APPL (Apple Inc) chart recently printed a very strong bearish candle in the last week of August.
We can see that each time a bearish candle shows up a strong drop follows.
The candle of late August is the strongest bearish candle we've seen in the past few years, this might be signaling that the potential drop could be strong.
We saw a drop of 35% back in March and another 39% one back in Dec. 2018.
A similar drop now would put APPL close to EMA50 or 89.94, lower prices are possible.
Namaste.
We can see that each time a bearish candle shows up a strong drop follows.
The candle of late August is the strongest bearish candle we've seen in the past few years, this might be signaling that the potential drop could be strong.
We saw a drop of 35% back in March and another 39% one back in Dec. 2018.
A similar drop now would put APPL close to EMA50 or 89.94, lower prices are possible.
Namaste.
Note
It is moving lower as charted...
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t.me/alansantana1111/5935
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Publications connexes
Clause de non-responsabilité
Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.