20Mar FOMC to rug pull market? S&P500 breakdown leads to AAPL losing 170 support?


Price Update (17 Mar 2024)

- Think most can see a big double top forming with break of neckline going to 140 (but we are not there yet so don't assume)

- Key level is 170 and if that breaks, look for key levels below 

- Fibonacci levels are 165, 155 and then 140

- Trend channels point to some good form of support at 155

- Special Note : 20 Mar FOMC Rug Pull possibility


Bull Case

- Stays above 170 (nothing else)


Bear Case

- Break below 170, bound for 165, 155 and then down to magical range 135/140


My plays

- Nibbles continues at key levels increasing base as we near 135

- Will look to nibble more at 155 as it has a good shelf of support


Good luck, all

AAPL Daily - 17 Mar 2024

@melson  @TigerStars  @macroB  @CaptainTiger  @Deposit  

$Apple(AAPL)$  

# 💰 Stocks to watch today?(15 Nov)

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  • koolgal
    ·03-18
    TOP
    Thanks for sharing your awesome insights.  Lots of nibbles to do if it goes down further. 😍😍😍
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    • Asphen
      yay! 😉
      03-18
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  • Deposit
    ·03-17
    TOP
    thank you for sharing
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    • Asphen
      Great!
      03-17
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  • melson
    ·03-17
    TOP
    ai ai ai aiyah...
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    • AsphenReplying tomelson
      haha... Good one.
      I will try to learn too
      03-17
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    • melsonReplying toAsphen
      learn from Elon
      03-17
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    • Asphen
      haha.... you are very cryptic today  😉
      03-17
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  • Aqa
    ·03-17
    TOP
    Liked and shared.
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    • Asphen
      thank you
      03-17
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