Apple stock has recently rejected a significant support zone, which aligns with the lower boundary of the ascending channel. This rejection was accompanied by a strong bullish candlestick, signaling renewed buying momentum. The price is now positioned for a potential move toward the $250.00 level.
This setup suggests further bullish continuation as long as the support zone holds. Traders may look for additional signs of buying strength as the price approaches higher levels.
This setup suggests further bullish continuation as long as the support zone holds. Traders may look for additional signs of buying strength as the price approaches higher levels.
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👉Get 20% Deposit BONUS - bit.ly/trenddiva
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.