paulyberndt
Long

Apple Long Weekly

NASDAQ:AAPL   Apple Inc
139 0 5
On a weekly chart Apple             is setting up nicely for a long. Price has now retested the shelf of the cloud. If this holds and buyers step in it should have a nice run up.. 26 weeks ahead the kumo cloud has twisted confirming bullish momentum.. the thickness of the Kumo shows solid support The tenken line is also showing support. The first weekly fractal is likely the high of the dec 3 candle.. My entry would be two ticks above the high of that candle. Will likely sell put spreads on this setup. My target is shown.
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