APPLE Long Position
Apple had amazing Q4 earnings, technicals showing bullish signs.
We should see a bullish scenario next week since the stock was pretty much overbought before Q4 release.
Senario 1 - APPLE stock holds trendline and breaks the 138.50 resistance, we should see the stock go to 149.20 Level.
Senario 2 - APPLE stock holds trendline but goes raging in between resistance and support.
Senario 3 - APPLE stock breaks trendline to bounce on the 126.50 level of support.
Senacio 4 - APPLE stock breaks trendline and breaks the 126.50 resistance level, well, that's all folks...
We should see a bullish scenario next week since the stock was pretty much overbought before Q4 release.
Senario 1 - APPLE stock holds trendline and breaks the 138.50 resistance, we should see the stock go to 149.20 Level.
Senario 2 - APPLE stock holds trendline but goes raging in between resistance and support.
Senario 3 - APPLE stock breaks trendline to bounce on the 126.50 level of support.
Senacio 4 - APPLE stock breaks trendline and breaks the 126.50 resistance level, well, that's all folks...
Trade active
Big rejection on the trendline price, should see resistance soon
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.