AAPL is at the top of a wedge and we should see either a break out or rejection next week.
Indicators suggest a bullish bias to break out from the wedge and begin making a run to $212 to $234.
From there, the price will either top top and retrace, or begin marching on to $290.
Buying calls with a few puts to hedge would be a good strategy.
Indicators suggest a bullish bias to break out from the wedge and begin making a run to $212 to $234.
From there, the price will either top top and retrace, or begin marching on to $290.
Buying calls with a few puts to hedge would be a good strategy.
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Related publications
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.