We see Apple stuck in a LONG time range here. Once in the range we see price action tighten up to larger term symmetrical triangle, medium term an ascending triangle, Apple is seen breaking out of both. Apple also breaks out of the rangebound price acttion with a volume increase
Another mover off the POC and volume shelf.
White line is the pivot I believe bulls need to hold to stay away from chop, a pull down, and take this to the next level.
Bulls also need to keep this above the range noted.
Vertical dashed purple line is the trajectory I assume apple will be attracted to if the Bull thesis is correct
Price targets by next earnings
$140
Bull case $150
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Good luck all and happy trading!!
Another mover off the POC and volume shelf.
White line is the pivot I believe bulls need to hold to stay away from chop, a pull down, and take this to the next level.
Bulls also need to keep this above the range noted.
Vertical dashed purple line is the trajectory I assume apple will be attracted to if the Bull thesis is correct
Price targets by next earnings
$140
Bull case $150
Come join us for more charts like this, and live stock alerts and news: kick-assets.com/join/
Good luck all and happy trading!!