Apple recently broke above the powerful, multi-month resistance level 230.00 (which stopped the sharp daily uptrend in October of 2018, as can be seen below).
The breakout of the resistance level 230.00 should accelerate the active impulse waves 3 and (3) – which belong to the long-term upward impulse sequence ③ from August.
Apple is expected to rise further and retest the next resistance level 242.00 (target price for the completion of the active impulse wave (3)).
Market picture Crypto market capitalisation has been up 2% over the past seven days and…
- Adobe reversed from support zone - Likely to rise to resistance level 500.00 Adobe…
- EURJPY reversed from support zone - Likely to rise to resistance level 0.8625 EURGBP…
USDJPY was slipping below 153 on Friday morning, a three-week low and having lost over…
Market picture Crypto market capitalisation rose 3.3% in 24 hours to $2.22 trillion. Local capitalisation…
- EURJPY under strong bearish pressure - Likely to fall to support level 163.10 EURJPY…
This website uses cookies