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Non-Tech : Kirk's Market Thoughts -- Ignore unavailable to you. Want to Upgrade?


To: #Breeze who wrote (16341)8/2/2023 7:21:35 PM
From: Kirk ©  Read Replies (2) | Respond to of 26837
 
Cr Apple
AAPL Wave Count Update. Closing in on Wave (v) of 3 target. Break out from a H&S bottom formation projected on objective that was achieved. Breeze

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Chart & comments below from Stocktwits email:
All eyes are on Apple and Amazon earnings tomorrow. But some traders say the chart of Apple suggests some pain ahead for the consumer tech giant.
Below is the daily chart of Apple, which has been in a clear uptrend all year. Traders are pointing to today’s breakdown below a multi-month uptrend line as a potential short-term trend change and a potential omen of weak earnings to come.
Low res image but the message is clear.