Apple going to 140$ or 100$ ?

22 Okt 2020

Hello everyone 😃
Bullish side 📈
-Bullish crossover on stochastic rsi
-Longterm support line
-Helical indicator is still bullish
-100 ema is acting like support (On 12H timeframe)

Bearish side 📉
-Bearish crossover on MACD
-Making lower high
-Downward resistance line

So most of indicators seems to be bullish , and we have a heavy upward support line which price had a reaction after encountering , but we shouldn't forget that in a 2 weeks we'll have a US election that can absolutely effect all the markets such as stocks !
Also our indicator shows some ranging area (between 118.3$-114.1$) !
If price could hold above the support line we can see higher mounts ! But if it reject the support & we see a daily close below 111$ , we will see 100$ !

Attention : this is not a financial advise we just try to help people on their own vision.

HAVE A GOOD DAY
- Helical_Trades