Apple vision was just released for deliveries and it was a landscape change in the arena of vision tech. The market started to move up on the anticipation of the bullish move. Now, we are looking to go long at the support level priced at 181. Once the market starts to move up, it will tap the resistance at the price of 190.

The descending trendline needs to be tapped and needs to break out from the trendline and then continue moving up.

EMA 50 is breaking out from the price action. Once the market breaks out and retests, then we will be looking to go long at the support level.

RSI is at 50. It needs to dwell towards the over sold region from where the bullish divergence can be formed and continue moving up.

Apple vision saga

Feb 06 2024

Stop Loss -2.10%

Holding time 10d2hr

181.28

Entry price

177.48

Stop loss price