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basictradingtv
Mar 29, 2023 6:20 PM

Apple -> The Bulls Are Strong Long

Apple Inc.NASDAQ

Description

Hello Traders,
welcome to this free and educational multi-timeframe technical analysis .

On the weekly timeframe you can see that Apple stock just recently perfectly broke above a key previous weekly resistance area exactly at $155 and now after this break all of this previous resistance is turned support.
You can also see that we have a long term downtrendline coming in exactly at $165 which is turned very strong resistance again, so I am now just waiting for a retest of the $155 support area and then I do expect a move to retest the $165 resistance line.

On the daily timeframe you can see that my last analysis on Apple (linked below) already played out nicely, I am now just waiting for a minor break and retest of the current resistance area before I then do expect more continuation towards the upside.

Thank you for watching and I will see you tomorrow!

You can also check out my previous analysis of this asset:
Comments
TheSignalyst
no doubt 😁 I am already in
basictradingtv
@TheSignalyst, to the mooon ;)
UnknownUnicorn52780235
Amazing my fri
basictradingtv
@SetupsFX_Sniper, appreciate it!
RLinda
Wow, great technical analysis. I like your work.
basictradingtv
@RLinda, awesome!
Setupsfx_
Thank you for sharing amazing content as always my friend
basictradingtv
@Setupsfx_, thanks a lot!
JoeChampion
nice mate
basictradingtv
@JoeChampion, thanks a lot!
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