AAPL puzzles me a lot. So I tried to draw some options how the leg up can unfold.
It seems the paper can be contained in the form of triangle or morph to wedge. But the core idea it should consolidate before initiate another leg up. For me the previous low (we had just last Friday) or 140 are the keys. The logic tells me some kind of consolidation before the earnings is an option.
This is just a rough assumption since we have no clues for now.
It seems the paper can be contained in the form of triangle or morph to wedge. But the core idea it should consolidate before initiate another leg up. For me the previous low (we had just last Friday) or 140 are the keys. The logic tells me some kind of consolidation before the earnings is an option.
This is just a rough assumption since we have no clues for now.
Order cancelled:
My guess about the future path of AAPL was not correct