Apple (AAPL): Consolidating in a Descending Triangle
Apple (AAPL) currently is taking a pause and consolidating in the Descending Triangle. Probably AAPL will continue to trade in this triangle until the earning result on Jan 27 AMC,
Apple (AAPL) currently is taking a pause and consolidating in the Descending Triangle. Probably AAPL will continue to trade in this triangle until the earning result on Jan 27 AMC,
SPDR Gold ETF (GLD) breakout from Inverted Head and Shoulders and move above the 200D SMA. However GLD is going to face the resistance of the medium term declining trend resistance (green line). If GLD is able to break this resistance, there is a first sign of trend reversal.
Original post by Marubozu from My Stocks Investing Journey
AAPL rebounds with an Inverted Hammer and Morning Star at 38.2% Fibonacci Fan. Expect AAPL to continue the rally into Christmas period and join the Santa Claus Rally.
See past AAPL Fundamental Analysis and Intrinsic Value here.