– Apple reversed from key resistance level 237.00
– Likely to fall to support level 227.00
Apple recently reversed down from the key resistance level 237.00 (which stopped the previous sharp impulse wave (1) in the middle of July) standing well above the upper daily Bollinger Band.
The downward reversal from the resistance level 237.00 created the daily Japanese candlesticks reversal pattern Shooting Star Doji.
Given the strength of the resistance level 237.00 and the bearish divergence on the daily Stochastic, Apple can be expected to fall further to the next support level 227.00.
This week, we’re tracking the US Dollar’s powerful climb following Trump's victory, hitting a crucial…
Next week, several countries including Canada, the UK, and Japan will release their estimates of…
Investors have been selling off gold, with this week's drop being the largest in three…
The Hang Seng Index has fallen 20% from its peak, marking the start of a…
The S&P500 reached the 6000 mark but faced resistance due to fatigue and dollar appreciation.…
The crypto market has continued to cool down for the third day, with a 1.7%…
This website uses cookies