themarketzone
Long

Holds support - Potential pullback to 100$

NASDAQ:AAPL   Apple Inc
$AAPL             closed above its 200 weeks MA last week and also created a weekly False Break.
As long as the 200 SMA line holds as support, $AAPL             has the potential to rally higher towards the 100$ to re-test that important psychological zone and the Fast SMA line.
The final target zone for this bullish setup is the downtrend line shown at the chart.

Tomer, The MarketZone
This analysis is part of the Weekly Markets Analysis newsletters
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Comment: Nice continuation so far this week. Approaching first target zone
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