AAPL hasn't done much in the last 10 day trading days and has stayed tightly range bound. Upcoming resistance area is 175.57 - 176.94. Once this resistance is cleared, its most likely headed to 181.50 and then 184.70. If there is a sell off next week, it will most likely bounce from 168.39 - 167.19, and will also find support at the up trending line. AAPL is a good buy for a swing in the buy zone as identified by the support lines.US-China trade news can make it go in either direction. Next week is news critical. Markets will make moves depending on what kind of trade-related news we get.
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Note
AAPL rejected hard from the breakout line today. Positive trade news but market looked weak overall. Let's see if it gets a breakout this week or it will fall back to the purple trend line and possibly the weekly and daily support identified.
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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.