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Apple Inc
Long
Dec 22, 2024
APPL Bullish Engulfing ATH
2
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Entry:
Confirmed breakout above the ATH.
Stop Loss: $254
– Placed slightly below support for risk management.
Price Target: $262
– Near the 1.618 Fibonacci extension.
Indicators:
RSI: At 73.92, indicating overbought territory but supporting bullish momentum.
MACD: Bullish crossover with momentum increasing, confirming upward pressure.
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