*BEFORE ENTERING TRADE WAIT FOR CONFIRMATION OF A RETEST ON THE NEW SUPPORT LINE*
- Apple has previously broken out of the previous trading channel and has retraced down to the new support line and bouncing off from the major Fibonacci level of 50% and a perfect time to enter the trade as a long term investment or a swing trade - I have entered $122 and planning to keep for a Long period of time.
- hidden bullish RSI convergence (divergence) and oversold on stochastic = bullish stock, continuation of the uptrend and higher price targets. furthermore above 200 moving average.
- if not a long term investment there is a first price target of $146.58
AAPL
- Apple has previously broken out of the previous trading channel and has retraced down to the new support line and bouncing off from the major Fibonacci level of 50% and a perfect time to enter the trade as a long term investment or a swing trade - I have entered $122 and planning to keep for a Long period of time.
- hidden bullish RSI convergence (divergence) and oversold on stochastic = bullish stock, continuation of the uptrend and higher price targets. furthermore above 200 moving average.
- if not a long term investment there is a first price target of $146.58
AAPL