Tradersasi23

AAPL - Triangle break - Channel support

NASDAQ:AAPL   Apple Inc
Price breaks the triangle pattern and moving up for the day. One can easily understand from the above analysis that the price is trading inside a channel pattern and the price is currently at the channel support, in this case the target would be top of the channel if this momentum continues.

There may be a possibility of retesting the triangle breakout level but it wont happen often.

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