Taking 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
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
1st target 118.50
2nd target 115.25
3rd Target 100
Past that F
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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.