Four times since 2013 NASDAQ:AAPL has hit the 180 week SMA and always made money from there. A 30 point drop gets it there.
The bullish wedge is signaling a big move up, IF QQQ can get some momentum. We shall see. What say you?
The FED will not stop until they get to 2% inflation. The $31 trillion national debt is not serviceable long term at elevated rates without massive tax increases. Higher rates will put the economy in a downturn. Seems like the falling wedge goes down till Q2/Q3 2023, then bounces. How big a bounce depends on what is left to bounce.
Looks like $13,000 is in play. This move down could just be a bull flag on the monthly though.
200 week SMA look like support, until it's not. MACD rolling over again below zero is extremely bearish. What am I missing?
Half way to the bottom wiping out two year's gains. NOT Financial Advice. Always do your own DD.
When in doubt, zoom out. About as basic as it gets. measured move of $63 to $290 next year.
Needs the break out the neckline for confirmation. Bullish RSI divergence.