As per previous idea, AAPL broke out of the downtrend set from Feb for real this time, and glided along retesting support around 118-119. This proved solid.
Looking to see if AAPL can now break 128ish resistance area - quite a lot of selling pressure here. Yesterday regained it's 50 day SMA, and so with that, the likely scenario is a fairly uninhibited run up to 138 resistance once this imminent hurdle is overcome.

Looking to see if AAPL can now break 128ish resistance area - quite a lot of selling pressure here. Yesterday regained it's 50 day SMA, and so with that, the likely scenario is a fairly uninhibited run up to 138 resistance once this imminent hurdle is overcome.
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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.