Happy Sunday.
On High Watch of this week is AAPL.
It has kinda formed a triple bottom here. The bounce from $244 forms a higher low, showing buyers stepping in. Breaking above the trendline resistance shifts the short-term structure to BULLISH. Next target if momentum continues is $256-$259 zone, which was the previous resistance cluster. However, if the price falls below $250 then this breakout is a bull trap. Below $244 then Bearish continue.
On High Watch of this week is AAPL.
It has kinda formed a triple bottom here. The bounce from $244 forms a higher low, showing buyers stepping in. Breaking above the trendline resistance shifts the short-term structure to BULLISH. Next target if momentum continues is $256-$259 zone, which was the previous resistance cluster. However, if the price falls below $250 then this breakout is a bull trap. Below $244 then Bearish continue.
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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.
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.