Apple’s Shooting Star
Shooting star candlestick was formed yesterday. This is a bearish pattern. And sellers are heavy at the moment.
For confirmation of bearish trend, today’s high must stay below the high of the shooting star and it also has to close lower of yesterday’s price. Watch out for today’s volume too (it has to increase)
Once 140 breaks, we could waterfall to sub 130s quite quickly. But if it flies and closes above 150, then it will invalidate the shooting star pattern.
It all depends on the CPI data and how the market makers want to move the market
Not financial advice. But I hope this info value add to your research. Check out my YouTube video if you have time. Like and subscribe pls!
$Apple(AAPL.US$
For confirmation of bearish trend, today’s high must stay below the high of the shooting star and it also has to close lower of yesterday’s price. Watch out for today’s volume too (it has to increase)
Once 140 breaks, we could waterfall to sub 130s quite quickly. But if it flies and closes above 150, then it will invalidate the shooting star pattern.
It all depends on the CPI data and how the market makers want to move the market
Not financial advice. But I hope this info value add to your research. Check out my YouTube video if you have time. Like and subscribe pls!
$Apple(AAPL.US$
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