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FX.co ★ Technical analysis of Apple for June 14, 2022

Technical analysis of Apple for June 14, 2022

Technical analysis of Apple for June 14, 2022

Apple continues to follow Livermore's Accumulation Cylinder pattern. We are looking for a drop to support near 113 to complete point 13. After a temporary consolidation, more downside pressure should be expected towards at least 91.50 in point 14 of the Accumulation cylinder.

Resistance is now seen near 138.50 which may capture the upside for the move lower to 113 and later on 91.50.

*The market analysis posted here is meant to increase your awareness, but not to give instructions to make a trade
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