gmaster29

AAPL - Failed Breakout ? Short term target 150

Short
NASDAQ:AAPL   Apple Inc
APPL has been in the bullish upwards channel since Aug 2020. In last 2 days APPL tried to break out of the Channel, market sell off in overall Nasdaq pulled it back, forming a topping tail. I expect AAPL to come back with in the Channel with short term price target 150 and hit the lower end of the channel if the market sell off picks off steam in early 2022. With holiday season coming in, won't be suprised if APPL pushes further up to 170-175 as Santa Claus rally. Next week will be crucial week to see if APPL breaks out or down?

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.