– Apple reversed from support level 225.00
– Likely to rise to resistance level 232.50
Apple recently reversed up from the key support level 225.00 (low of the previous wave (a)) intersecting with the 20-day moving average and the 50% Fibonacci correction of the upward impulse i from last month.
The upward reversal from the support level 225.00 stopped the c-wave of the previous ABC correction ii.
Given the clear daily uptrend, Apple can be expected to rise further to the next resistance level 232.50 (which stopped the earlier waves 1, I and b).
EURAUD reversed from strong support level 1.6020 Likely to rise to resistance level 1.6260 EURAUD…
- EURCAD reversed from key support level 1.4900 - Likely to rise to resistance level…
The Dollar Index is rising for the fourth consecutive day, gaining over 1.7%, and is…
The crypto market lost 1.44% of its capitalisation in 24 hours to $2.13 trillion amid…
- WTI reversed from pivotal resistance level 71.30 - Likely to fall to support level…
The Hang Seng is up 9.6% from its closing level on 30th September, the second…
This website uses cookies