Apple Trading at Key Resistance a Head of Earning Report

Unlike most stocks, Apple held remarkably well amid a global market correction. Where, Apple's stock only fell by 3% this month. Now, price is trading at key resistance. In addition, Apple is expected to announce Q3 earning after market hours today. This could be a catalyst for a potential breakout from the current channel trend.

Trade Step-ups:

Bullish Breakout: Price breaks current trend, look for consolidation above 221.00. Profit levels to look for are 225.00 & 229.00

Bearish Reversal: Price rejects a breakout from current trend channel. Look for a potential move to test key support level at 215.00