SimpleFX Blog
    Facebook Twitter Instagram
    Monday, August 15
    Facebook Twitter LinkedIn Telegram YouTube
    SimpleFX BlogSimpleFX Blog
    Banner
    • Home
    • News
    • Tutorials
    • Updates
    • Opinion
    • Trading Academy
    • Trading Schedule
    SimpleFX Blog
    Home»Analysis»A Great Moment to Trade Apple, However Two Scenarios Are Possible
    Analysis

    A Great Moment to Trade Apple, However Two Scenarios Are Possible

    Zach WrightBy Zach WrightOctober 29, 2019No Comments1 Min Read
    Facebook Twitter Pinterest LinkedIn Tumblr Email
    The market continues to move in an upward direction within the green and yellow channels. It is likely that now we see a price increase in the direction of the upper bound of the green channel and the resistance level of 280.83. If the bulls reach the specified level and break it above, the price will open the way to the next resistance level of 316.08, which is near the upper wall of the yellow channel.
    [button link=”https://app.simplefx.com/login” size=”medium” target=”new” text_color=”#eeeeee” color=”#df4444″]SELL Apple[/button]        [button link=”https://app.simplefx.com/login” size=”medium” target=”new” text_color=”#eeeeee” color=”#3cc195″]BUY Apple[/button]
    However, if we see a decline and the price goes below the moving average and the support level of 240.52, the market will continue to move down to the next support of 228.25. In case of breaking support level, the market may continue to move even lower to the support of 209.63, which is at the lower bound of the yellow channel.
    featured stocks
    Share. Facebook Twitter Pinterest LinkedIn Tumblr Email
    Previous ArticleWill Dow Jones go North or South? This Analysis Should Help You Decide
    Next Article Natural-gas Is One of the Hottest Commodities Right Now
    Zach Wright

    Related Posts

    Two Scenarios for BTCUSD in 2022

    August 12, 2022

    BlackRock Inc. To start a private investment fund.

    August 12, 2022

    Bitcoin Breaks $24 with Authority

    August 11, 2022

    Leave A Reply Cancel Reply

    Copyright © 2022. SimpleFX
    • SimpleFX WebTrader
    • Unilink Affiliate Tracker

    Type above and press Enter to search. Press Esc to cancel.

    We and our partners use cookies for analytics purposes and to serve personalized ads. You can view our privacy policy here and our cookies policy here
    Accept.
    Privacy & Cookies Policy

    Privacy Overview

    This website uses cookies to improve your experience while you navigate through the website. Out of these, the cookies that are categorized as necessary are stored on your browser as they are essential for the working of basic functionalities of the website. We also use third-party cookies that help us analyze and understand how you use this website. These cookies will be stored in your browser only with your consent. You also have the option to opt-out of these cookies. But opting out of some of these cookies may affect your browsing experience.
    Necessary
    Always Enabled
    Necessary cookies are absolutely essential for the website to function properly. This category only includes cookies that ensures basic functionalities and security features of the website. These cookies do not store any personal information.
    Non-necessary
    Any cookies that may not be particularly necessary for the website to function and is used specifically to collect user personal data via analytics, ads, other embedded contents are termed as non-necessary cookies. It is mandatory to procure user consent prior to running these cookies on your website.
    SAVE & ACCEPT