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themarketzone
Jan 24, 2016 5:12 PM

Bullish Crab confirmed - Earnings ahead Long

Apple Inc.NASDAQ

Description

Last week's reversal in AAPL was following the completion of a bullish Crab just below the 100$ level.
With earnings coming this week, AAPL will try to continue higher towards Crab's target levels - 106$, 109$ and 114$ (major structure)

Critical support zone - 97-98$
Try to use some pullbacks to try and find a better entry level

Tomer, The MarketZone
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Comment

We are very close to final target zone. Notice the 4H 200 SMA line that can become obstacle. TRADE was closed yesterday
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