{"id":13326,"date":"2023-03-06T08:44:54","date_gmt":"2023-03-06T08:44:54","guid":{"rendered":"https:\/\/tradingshot.com\/?p=13326"},"modified":"2023-05-19T08:46:57","modified_gmt":"2023-05-19T08:46:57","slug":"apple-inverse-head-and-shoulders-give-a-new-all-time-high","status":"publish","type":"post","link":"https:\/\/tradingshot.com\/index.php\/2023\/03\/06\/apple-inverse-head-and-shoulders-give-a-new-all-time-high\/","title":{"rendered":"APPLE Inverse Head and Shoulders give a new All Time High"},"content":{"rendered":"<p>Apple Inc. (AAPL) has just completed an Inverse Head and Shoulders pattern, with its Head being the January 03 market Bottom. The Bear Cycle isn&#8217;t technically over for Apple as the Channel Down that started back on the October 04 2021 Low hasn&#8217;t yet been broken. In fact since the last two Lower Highs sequences have been +31.11% and +36.78%, the current rally is limited within the red Triangle Zone. As a result we have a short-term target at $165.00.<\/p>\n<p>With the Inverse Head and Shoulders though technically aiming much higher, supported also by a 1W MACD Bullish Cross, if Apple closes a 1W candle above the Channel Down, we will re-buy and target $190.00 on the long-term, which is just below the 2.0 Fibonacci extension level.<\/p>\n<p>Tradingview link:<\/p>\n<p><a href=\"https:\/\/www.tradingview.com\/chart\/AAPL\/J7TIk77S-APPLE-Inverse-Head-and-Shoulders-give-a-new-All-Time-High\" target=\"_blank\" rel=\"noopener\">https:\/\/www.tradingview.com\/chart\/AAPL\/J7TIk77S-APPLE-Inverse-Head-and-Shoulders-give-a-new-All-Time-High<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Apple Inc. (AAPL) has just completed an Inverse Head and Shoulders pattern, with its Head being the January 03 market Bottom. The Bear Cycle isn&#8217;t technically over for Apple as the Channel Down that started back on the October 04 2021 Low hasn&#8217;t yet been broken. In fact since the last two Lower Highs sequences<\/p>\n","protected":false},"author":611,"featured_media":13327,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"footnotes":""},"categories":[1640],"tags":[],"class_list":["post-13326","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-stocks"],"_links":{"self":[{"href":"https:\/\/tradingshot.com\/index.php\/wp-json\/wp\/v2\/posts\/13326","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/tradingshot.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/tradingshot.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/tradingshot.com\/index.php\/wp-json\/wp\/v2\/users\/611"}],"replies":[{"embeddable":true,"href":"https:\/\/tradingshot.com\/index.php\/wp-json\/wp\/v2\/comments?post=13326"}],"version-history":[{"count":2,"href":"https:\/\/tradingshot.com\/index.php\/wp-json\/wp\/v2\/posts\/13326\/revisions"}],"predecessor-version":[{"id":13329,"href":"https:\/\/tradingshot.com\/index.php\/wp-json\/wp\/v2\/posts\/13326\/revisions\/13329"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/tradingshot.com\/index.php\/wp-json\/wp\/v2\/media\/13327"}],"wp:attachment":[{"href":"https:\/\/tradingshot.com\/index.php\/wp-json\/wp\/v2\/media?parent=13326"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/tradingshot.com\/index.php\/wp-json\/wp\/v2\/categories?post=13326"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/tradingshot.com\/index.php\/wp-json\/wp\/v2\/tags?post=13326"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}