If you bought during the end of the day on Friday you would see the pre-market strong breakout to the upside for AAPL at the moment. Watching the end of the day today for a return to $137.7x or just a touch of that line but expect a continuation to the upside.
Weekly AAPL. Purple line is EMA(220W) i actually use it as EMA(55) on every time period but i dont wanted to publish this on a monthly graph so i multiplied it by 4. In the long run EMA(55M) is a pretty damn strong support and the december 2018 bottom was a simple bottom but right now we're seeing a double top formation and 2 bearish candlestick patterns in that...
Looks like we are going to break ATH, possibly tomorrow, however will we get a retest back down on the breakout before a farther move upwards?
I personally would rather hold through the dip and add more if we do go for the retest, if we dont retest, enjoy watching everyone else run for price discovery on apple.
A Reuters report on Monday suggested Apple could introduce a car as soon as 2024. (investors.com)
I wrote in my group that we will live in an AppleInc. interconnected world. Apple is the only company who has the profits, science and the funds needed to build the greatest EV in the world right now!
It would be "one of the biggest moments in the autos and shared...
After Breaking out the triangle in my point of view the stock is completing the pullback and the orange downside trend is our pullback zone after that we can have a safe buy trade to target of the ATH (All Time High) with stop loss a bit lower of our red uptrend