AAPL wants to gap fill, target $170+
Should have been VERY obvious that Apple would run up into the iPhone 12 announcement and selloff once the release was made. Very typical action here. However, with a new confirmed uptrend in place, we expect that AAPL wants to fill the gap from the 117-120 area which also coincides with a backtest of the consolidation triangle. Scaling into new a AAPL position right here with a target of $170+
Trade active
Continuing to add today on pre-market weakness at the gap close of 118 area. Stops are in and will add again on strength from here...Trade active
Using a close under $114 as a stop..Trade closed: stop reached
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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.