• Everything is going as planned on AAPL, since our last study on it (link below this post); • AAPL is heading to our target around the $137 - $138 area, which we set last week, and there’s no top sign on it yet; • Even if AAPL corrects, in order for it to do a clear top sign would be important to lose the 38.2% retracement again, along with the 21 ema – this could frustrate the bullish thesis; • However, as long as AAPL stays above these key points, the bullish bias will persist, and our first target is still the $137 - $138 area. There’s no technical reason to change it; • There’s an Ascending Wedge in the 1h chart, and it seems AAPL wants to break it upwards, which would reinforce the bullish thesis; • Today, it is at $135 pre-market. I’ll keep you updated on this.
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Thanks for sharing! Saw that wedge too. Bought some at 125 and will buy more around 133. Open gap at 143 will be filled soon if they meet earnings in few weeks. Otherwise it's going to take until mid-year.