Apple has broken up through both long- and short-term resistance.
Since RSI isn´t really overbought we could look at a short term extension and then back to resistance (now support).
A possible target is the Fib extension 127% at 197,69.
Stops just below latest swing below the short-term support giving us a nice Risk:Reward.
Since RSI isn´t really overbought we could look at a short term extension and then back to resistance (now support).
A possible target is the Fib extension 127% at 197,69.
Stops just below latest swing below the short-term support giving us a nice Risk:Reward.
Henrik Siverhall
SMC Trading
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SMC Trading
Är du intresserad av vårt mentorskap - "Basic" och "Avancerad" mentoring.
smctrading.se
Sveriges största FB grupp för nybörjare
bit.ly/ptse-fb-basic