AAPL in ascending wedge and near 1.618 target at trendline resistance. May see retrace to local POC and if lost, fall to monthly/golden pocket/bottom trendline area of confluence. Would also complete a Gartley harmonic pattern.
Note
Perfect rejection off top of trendline, 1.618 extension. Next area of support has multiple confluences:
1. Golden pocket of range
2. Naked point of control
3. Range point of control
4. Weekly level.
If that is lost, will look to $134 level.
Note
Targets and confluences to the downside.
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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.