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TECH Sell 15.04.2024 08:28

Apple Inc.: wave analysis

The price is in a correction and a fall is possible.

On the daily chart, a downward correction ended as the fourth wave of the higher level (4), and the fifth wave (5) develops, within which the wave 1 of (5) formed. Now, a local correction is developing as the second wave 2 of (5), within which the wave c of 2 is forming. If the assumption is correct, the price of the asset will fall to the area of 156.00–145.83. In this scenario, critical stop loss level is 180.00.

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Indicators

MA10
MA20
MA50
MA100
MACD
BBands
Ichimoku
Stochastic
William`s
ZigZag
Overall recommendation Wait
MA10
MA20
MA50
MA100
MACD
BBands
Ichimoku
Stochastic
William`s
ZigZag
Overall recommendation Active Sell
MA10
MA20
MA50
MA100
MACD
BBands
Ichimoku
Stochastic
William`s
ZigZag
Overall recommendation Buy
MA10
MA20
MA50
MA100
MACD
BBands
Ichimoku
Stochastic
William`s
ZigZag
Overall recommendation Buy
MA10
MA20
MA50
MA100
MACD
BBands
Ichimoku
Stochastic
William`s
ZigZag
Overall recommendation Buy
MA10
MA20
MA50
MA100
MACD
BBands
Ichimoku
Stochastic
William`s
ZigZag
Overall recommendation Sell
MA10
MA20
MA50
MA100
MACD
BBands
Ichimoku
Stochastic
William`s
ZigZag
Overall recommendation Sell

Market sentiment

98.03% sell
1.97% buy