Disclaimer : This analysis is not meant for buy call, but personal trading idea log for reference.
Analysis is based on trendline and channel. Confirmation on our long position are based on RSI , Stoch , MACD and MCDX (indicator by kgiap123).
AAPL is in uptrend and this is confirms by the channels, trendline drawn based on LL, LH, HL and HH indication on chart. Small retracement on 13 July 2020 is noted based on the HH indicator thus a down trenline is drawn and monitor if there is any breakout in daily chart . On 20 July a breakout happened at daily chart . The uptrend may continue, and if it breaks the HH resistance line, it may go higher. 1st TP would be at USD400 and next TP based on fibbo USD 428.
Confirmation of long position are based on: - MACD crossing up forming. - RSI > Stochastic - MCDX that indicate smart money still high more than 50%.