Apple Trading Analysis (29/04/2025)
The trend is descending. The stock is trading in a range between 365 and 135 ЕМАs. The upward wave sructure is truncated. There is a bearish divergence on the Awesome Oscillator, and the Stochastic Oscillator signals an overbought condition.
Trade idea:
- Sell when the formation of the descending wave structure begins, when the wave A breaches the sloping channel of the ascending truncated structure.
- Stop-loss at 212.80.
- Price targets at 190.20 and 175.66.
#apple #stock #tradersroom #daytradingpatterns #forexexpertadvisor