Aaplstock
$AAPL Is It Breakout Time? 6/14-15Video breakdown on $AAPL after parabolic run up to resistance. Most indicators are screaming oversold, and with inflation news ahead its important to tread lightly as we approach a breakout! I am leaning more towards a rejection, let me know what you think in the comments below!
Apple(AAPL) Are you long or still short?Apple(AAPL) Are you long or still short?
AAPL could be on its way to complete wave five if it holds above 124. It managed to hold above 124 in a few attempts by sellers to drive prices to 120/118 but was unsuccessful, as indicated in the H4 price chart below.
The short-term goals to the upside are indicated on the chart; target one at 132, target two at 138 and four at 146.
Support at 124, 120, 117
APPLE(AAPL) - At the best and worst priceWe are in the best buying zone for Apple, stop at -5% approx.
The bullish and bearish scenarios can be seen in the chart.
In case of failure a big HCH can be observed.
MANAGE YOUR RISK! The loss you take in case of failure should NEVER be more than 2% of your total capital. NEVER.
You invited to share your vision in the comments. Thank yo
$AAPL Weekly Head and Shoulders 5/12Taking a step back and looking at the weekly on $AAPl It does appear that we have a Head and Shoulders formation.
I also see that potential ascending triangle as well but the over corrections speak more to a Head and shoulder rather that a clean resistance.
I have support for $AAPL Marked at 118.50. If we do not see a correction there then I would imagine we will see 115.00 at the least. With That, Most of the tech and growth market is set up in the same way so we could see the rest of the market get dragged down as well.
1st target 118.50
2nd target 115.25
3rd Target 100
Past that F