CAT sitting on the front steps of a very dangerous channel where historically we have seen blowoff tops and waterfall selling anytime we're here....
.... Complacency?
Perfectly bounced off the support and after yesterdays sessions sentiment in general is bullish (still we have some room to go down before earnings). If price will break the resistance ~$138.5, we should see strong moves to the upside.
TP1 145
TP2 148
TP3 152
NASDAQ:AAPL
It appears $AAPL has triumphed over the feared 'COVID-19', and rallied back to pre-quarantine levels thus making the coveted "V shaped recovery"
However, something about it just doesn't feel right. There's a surge of retail investors FOMO'ing (or YOLO'ing) into the market on Robinhood with their stimulus check, so fundamentals
aren't always the most...
