When people try to tell you all markets are manipulated, they are wrong. The math is key and charts are very algorithmic.
Case and point: AAPL
Bad earnings but it pumped. Is it manipulation? No. APPL was in a clear uptrend with resistance at .5 Fibonacci on the weekly and more resistance at the 50 MA on the daily. It was destined to hit these points and likely to reject.
Would not long until a decisive breach above these areas.
Case and point: AAPL
Bad earnings but it pumped. Is it manipulation? No. APPL was in a clear uptrend with resistance at .5 Fibonacci on the weekly and more resistance at the 50 MA on the daily. It was destined to hit these points and likely to reject.
Would not long until a decisive breach above these areas.