The levels that have been reached offer a short term BUY opportunity for AAPL. The trendline from March 2020 lows, the 89EMA and previous base offer good support,
Initial Target 151.30. Sop below 140.00.
I am currently expecting more highs. Apple has made a nice continuation flag over the past few weeks. 162 is definitely still possible.
I expect a small correction afterwards. For the correction I see 145 - 148 as the bounce zone. Long-term positions could be increased there.
In the long term, apple will remain one of the strongest stocks in my portfolio. In the...
What's Up With Apple: iMac is #1, New AirPods, Margins, and More
Even before Apple Inc. (NASDAQ: AAPL) introduced its updated iMacs last month, the all-in-one computer was on its way to being the industry’s best seller in the March quarter. This year’s anticipated chip shortage is expected to enable Apple to leap over HP as the largest seller of all-in-one computers.
$AAPL have successfully exhibited a clean break of its 3 months consolidated Symmetrical Triangle chart pattern that was highlighted previously on 25th November. The breakout have $AAPL rallying +16.62% in 20 trading session, attaining its first profit target at all time high resistance point of $138.70 level.
At the current junction, $AAPL’s attempted breakout...
in this market we experienced a breakout of vwap plus a spring effect on the VWAP indicator combined with a breakout of resistance with a significant volume this means that buyers will return to the market so it is a buying opportunity
Apple is moving towards resistance where it going to meet the downwards trendline..waiting for the trendline break and price confirmation to go SHORT otherwise if it crossed resistance then it will act support to move LONG.
AAPL is in buying zones. I am starting to accumulate APPL. Always use the below strategy to buy any asset :
1) Invest 25% money at 1st buying zone
2) Invest another 25% money at 2nd buy zone
3) Invest 50% at last buying zone