WEEKLY CHANNEL CLONING
I've published charts on Apple in the past using channel cloning with excellent results, however due to the stock split those published charts can no longer be reviewed.
Price is currently just above the all time high and just below the reference channel (confluence area).
The RSI shows no divergence so it’s likely that AAPL breaks the channel to the upside, if it does the next target is the middle of clone channel with the top of channel as the second target, after that we have to add second clone.
Price is currently just above the all time high and just below the reference channel (confluence area).
The RSI shows no divergence so it’s likely that AAPL breaks the channel to the upside, if it does the next target is the middle of clone channel with the top of channel as the second target, after that we have to add second clone.
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