AAPLE 1HR: APPLE CURRENTLY MOVING TOWARDS MULTIPLE TOUCH SUPPORT ZONE WHERE IT WILL MEET 4HR TRENLINE IF THE PRICE RESPECT THE TRENDLINE THEN GO LONG... OR GO SHORT..
Still leaning towards Apple making another push upwards. Despite dipping below the white support trend line, it keeps finding its way back above it to reclaim. Elliott count in yellow still valid for me as rules are still being obeyed. Bullish scenario: above the white support line, looks bullish with potential to pop up nicely to the $140s + -- slightly out...
$AAPL heading towards 140-145 levels 12/31 AAPL 130 calls in the range of 1-2 can work best in such a setup.
AAPL Breakout in progress targeting the 150 upside target. We are rallying in same degree wave (5) that might reach 167. Running triangle completed Dec 9th 2020.We’re holding on our existing longs to stretch our profits on AAPL positions.
Apple has activated a second impulse with target price at $187.96 that is +38% from current price.
Updates on AAPL existing position. We are rallying in same degree wave (5) that might reach 167. The breakout pattern is emerging and we’re holding on our existing longs to stretch our profits on AAPL.
AAPL has been trading in an ascending parallel channel for a while now, if we ignore the SPLIT price spike. The current price is near the bottom of this channel, and the long term future of AAPL seems pretty good, short term seems volatile with further anti trust suits . There's a good chance the price continues sideways, for a few days before heading upwards.
On Breakout test $125 On Breakdown Retest $121.5 - $120.27
Please see AAPL chart posted before this one from few days ago* Still holding small long position. Things I'm watching to adjust / add to my position: 1. Risky: potential small short scalp trade (I entered buy Jan 15 120 put / sold 117.50 put) for cost of $84; stop loss if break high of day of $124.57) 2. Price is consolidating just below the high of 124.57; if...
If in fact the triangle completion has run its course, we should see a move into 125-139.
Bull Target $125 Bear Target $119.3
$AAPL looks ready to re-test ATH. Clear consolidation and looking just like $TSLA two weeks ago before its breakout to new ATH. Volume has tapered off as well. Taking a starter position on 11/30. Adding size on the break of $118 with notable volume.
I am currently long AAPL . Expecting price to reach ~126 in this run where I will close some of my longs and wait for a potential dip to ~120 to buy more. I'm expecting that we test ATH resistance by year end.
The graph of the apple share looks great. The first target of the share is 140.
Bull Target $123 Bear Target $116.89