Volume steadily increasing while Apple dropped into demand zone and with DTL support at key fib level. Now that reduced guidance has been priced in, it would not be surprising to see it ride this trend line as it seeks to retrace former ATH, and play strong into earnings.
Note
Did not hold DTL support, but has secondary DTL support around 148.51. If that breaks, this idea fails.Note
DTL support held. Still on target.Note
Momentum getting crushed by resistance near 158.75. Needs to consolidate further near 154-155 before pushing through to target.Note
Primary DTL support held during yesterday's lows. Still on track.Note
Squeezing itself into an ascending triangle going into tomorrow's e/r. Has not yet pushed > 160, but should test 50dma (164-165) this week assuming it survives earnings.
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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.