AAPL has the largest USD cash balance of any company on earth and will be the biggest investor on record in dollar terms in BTC
After BTC crashed to 29k, the signal that it was going to recover and go to a record was to be found in AAPL
That is not a coincidence since AAPL has the largest USD cash balance of any company on earth
The market is anticipating...
Do not be mistaken mkt makers stopped here for a reason not by any random chance !!!
1/Zero volume between 165-169 = direct
drop to 165 to say the leas we r @169.69 !
2/Volume's average is as high as 3.18.21 kind off
"Good" signal but dangerous if used alone !!!
AAPL is bullish in daily, weekly and monthly
After a correction phase, AAPL continue his trend and the next targets are : 153.81, 169.58 and 172.81.
But in this road there are some obstacles that can block the movement :
Resistances at 149.26 and 150.88
Prices must close above 148.09
For more security, we can wait the break of the last high to enter (157.04)
There is a clear channel which the price has been loyal to it for a long time. after getting CONFIRMATIONS we can enter right now and if the price can't hold itself and go up, after a bounce back from the bottom of the channel we can ride it all the way up!
The trend is up for daily, weekly and Monthly frame.
For Daily we are in accumulation phase, the last candle is signal for the end of this phase and it is a moment to buy . but for the more conservative they can wait the break of the level 150.88 and buy just after.
Next targets after the break of 157 (last High): 158.87, 167.63, 169.5
APPLE is trading in a big wedge
And now a local correction is taking place
I am bullish on the stock
So I think that once we see a retest of the support
The price will start going up
With the target being the resistance of the wedge
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