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Apple Trading Analysis (01/03/2024)

01.03.2024

Market Review

The trend is ascending. The downward wave structures are truncated. There is bullish divergence on the Awesome Oscillator, and Stochastic Oscillator signals the oversold state.

Apple price chart

Trading idea:

Buy at the formation of the ascending wave structure, when the wave A breaches the slopping channel of the downward truncated structure.

Stop-Loss at 179.50.

Target price levels at 188.30 and 195.30.

#apple #stock #tradersroom #daytradingpatterns #forexexpertadvisor

Author: GC
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