Breaking out of triangle wedge
Apple looking bearish at the moment.
Shared this in my video posted on Sunday:
Purely based on the chart, Apple is looking slightly bearish. Note the word slightly. So what’s next? Next, watch how Apple test the bottom blue line of the triangle. It is currently trying to get back into the triangle wedge.
So if the retest fails, then Apple is looking very bearish, and we could have a chance of filling the gap at 138.5 to 139.5.
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Successful investing is about managing risk, not avoiding it. DYODD
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Moomoobo : It would be nice if you can include a printscreen for your description/comments. That would really helped the readers. Most of us unlikely to click and watch the whole video
Cow Moo-neyOP Moomoobo: Here you go
Cow Moo-neyOP Moomoobo: You can also skip to the Apple segment of the video