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ContraryTrader
Dec 1, 2021 4:08 AM

Apple to 170 Long

Apple Inc.NASDAQ

Description

Volume was insane here today.. Has stock buyback written all over it.
Getting close to overbought on the money flow and its changing outside its bollingerband but I wouldn't dare short this with that level of volume. As matter of fact until this touches 170 resistance I would treat every pullback as a dip buy.

White line- trendline support
Yellow lines - channel

Found this alternative resistance here that differs from what's floating around.

As you can see , resistance was support back in January. I think 170 is tops but I'll wait for candlestick and volume to confirm that.. If we break above 170 , fibonacci says apple will be worth 4
3trillion😉
Comments
mommymiles
So it's going back up for Christmas 📝
ContraryTrader
Just got rejectd at 169... MFI lit up.. careful here
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