Apple Inc
Short
Mis à jour

AAPL possible multi week short

193
The weekly chart shows good thrust down then a retracement to about fibonacci 0.382 retracement level within 3 candles. This is the setup for a Joe DiNapoli 'Bread & Butter' trade as described in his book DiNapoli Levels: The Practical Application of Fibonacci Analysis to Investment Markets

The price target for this type of trade is the 0.618 fib retracement of the upswing so around 154.8 As it is a weekly pattern any positions should be taken from entries at lower timeframes.

Amateur analysis for my own use. Don't trade what I see, trade what you see.
Note
Well, it kept us guessing for a while then broke up decisively early in March. Failed trade.

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.