03.03.2022
#AAPL
The share trades in the range of 365 and 135 EMA. The ascending wave pattern is truncated. There is a bearish divergence on the Awesome Oscillator, and the Stochastic Oscillator signals the overbought conditions.
Trading idea:
Sell when the descending wave pattern is formed, where the wave (A) breaches the inclined channel of the ascending truncated pattern.
Stop-loss is over the local maximum of the ascending truncated pattern.
Target levels: 160.00; 152.10.
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