AAPL printing a symmetrical triangle.
Comment:
Comment:
aapl broke out the downward trendline at $146 and went all the way to $151.74. it looks like a support at $149 and a resistance at 151. watch closely on Monday and see if aapl breaks out 150.5~150.6 where is the middle line of BB on the hourly.
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Comment:
it broke 150.5 -150.6, where was the middle line of BB, and printed a doji at the close. will wait for a confirmation on Tuesday.
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Comment:
on the weekly, a doji has been printed. aapl could go up to test 158-160 then move down to 150 to close the earnings gap or to 153 to partially close the gap. indicators/oscillators would be re-set. then it would be ready for iPhone 8 release. this is one of scenarios.
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Comment:
The conversion line would be a resistance and the next support would be between 154.9 and 155.8.
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