Team,
As we discussed in our Sunday evening stock update Apple was due for a breakout. We ripped thru multiple levels of resistance at open to make new highs which we have not seen since September! With ramped up iPhone production and competition with $PLTN Apple just continues to amaze us. aapl
I do want to congrats those who follow me and took the trade. I...
This MTF Killer Zone, its drawn when yesterday or the last period closes, it so powerful .
The way I use it is buying and selling as a support and resistance zone (but its not support and resistance analysis) or at a retest when it break, and if its not touched by the price today or in the current period ... than the zone will be still valid for any time in the...
Based on pure candlestick analysis, a specialty of mine. I see Apple hitting $124 tomorrow, based on the 2 previous 4 hour candles, you can see they have small bearish bodies and bullish wicks that are larger than the body. This indicates that price has potential to rise to where the wicks have formed. The highest wick is near $123.62 however $124 can be achieved...
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.
