AAPL: Key Points + Complete MTFA (1h, D and W charts).

21 ก.ย. 2021

Hello traders and investors! In our last AAPL analysis, I wasn’t convinced at all about a buying opportunity, but right now, it seems we have something interesting.

Let’s do a complete Multi Time Frame Analysis (MTFA), starting with the 1h chart. We see that AAPL is bouncing back up, but the trend is still bearish. We have no bullish reversal sign, but if AAPL defeats the $ 144.60, we will see a bullish pivot point. This is the key point in the 1h chart.

Let’s see the daily chart:



We just hit the previous support level at $ 141.67, and it seems we have a bullish reaction, but again, the key point in the 1h chart will confirm this theory. For now, we see no bullish pattern in the daily chart either, but since we are just above this nice support level, we should pay attention.

Any bullish pattern around here could be an excuse to buy AAPL at a very good price level. Now, the weekly chart:



There’s another support level for us, and it is the 21 ema in the weekly chart. In this chart, the trend is still clearly bullish, and the recent drop was just a harmless pullback to the 21 ema, as usual.

Again, any good reaction here will be very good, as the $ 141 area seems to be an important support level for AAPL. Only time will tell, but for now, let’s pay attention to the key points.

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Have a good day!