Description
⋅ My technical analysis for AAPL and why I am bullish on the stock
- Substantial support in around the $150.80 zone
- RSI is in a comfortable area
- ATR (50D Length) is at low vitality
- AAPL has been in an up-trend since Jun-16
- Price broke through the 200 SMA, pulled back and created a support area (1D, 4h, 2h)
My trade will be placed in the 4h time frame after a close of a green candle above the $150.80 zone.
Let me know what you think and if you have any suggestions for improvement!
Cheers!