themarketzone

Interesting level for both bulls and bears

NASDAQ:AAPL   Apple Inc
The AB=CD pattern setup the Elite Zone members had on $AAPL reached target level and a critical support zone.

$AAPL's price is sitting on top of the 50 SMA line and on top of a trading channel it recently broke out of (now support).

Couple of options to monitor:
Bulls - Potential Aggressive C entry on a daily bearish Gartley (red pattern).
Bears - Continuation move if the price will breakdown below the 50 SMA line and the top of the trading channel - Target the bottom of the channel (near 120$)



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