$AAPL TOP 20
Added 2024-03-16 20:41:18 +0000 UTC$AAPL and $TSLA are now the two Mega Caps that are really struggling and confirmed in their ABC correction. $GOOG I believe is too but appears to be starting its Wave B already.
$AAPL got a death cross on the 50 Day MA crossing down through the 200 Day MA on Friday.
The last time $AAPL reported a death cross was on the 1st of June 2022 and the price fell from $151 to $128.
I believe a Wave B bounce is coming shortly and will catch many off guard thinking this will make a new high again.
So far $AAPL has held the 0.38 Fib which is a perfect level to complete Wave A and bounce for Wave B back to $187 or so.
Comments
Death cross is a bearish indicator so price will likely go down
makis
2024-03-17 08:43:07 +0000 UTCHi Gar. Does a death cross mean it is a higher probability the price goes lower or the odds are the same as the price going higher or lower?
Duro
2024-03-16 20:44:44 +0000 UTC
