r1chAl

AAPL Analysis & Prediction

Long
NASDAQ:AAPL   Apple Inc
I believe we could see AAPL hit 129-130 within the next few days before seeing another sell-off. Market volume is there and indicators are looking bullish. Potential bull flag pattern forming as well. Bull camp sitting in the 114-118 price range. Not worried about long-term positions, however, a good scalp entry would be at a breakout above trendline with volume confirmation. Fundamentally, catalysts include earnings coming up the 29th, and pre-orders for the iPhone 12 beginning this Friday, Oct. 16. I'm assuming the hype rally and news sell-off should be priced in. Comment your thoughts!
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.