Apple Inc

Apple 2-21

94
🔥 Market Overview:
Trend: Bullish; consolidating near resistance.
Key Levels:
Resistance: $247.00, $250.00.
Support: $244.50, $242.00.
Indicators:
MACD: Weak bullish momentum, signaling potential consolidation.
RSI: 59.46, approaching overbought but still neutral.
Supertrend: Bullish, maintaining higher lows.
🔥 Scalping Strategy:
🩸 1. Momentum Scalping

Buy near: $244.50, targeting $247.00 (+1.0%).
Sell near: $247.00, targeting $245.00 (-0.8%).
Stop-loss: Below $243.50.
🩸 2. EMA Pullback Scalping

Buy near: $244.50 (EMA 9), targeting $246.50 (+0.8%).
Sell near: $247.00, targeting $244.50 (-1.0%).
Stop-loss: Below $243.00.
🩸 3. Breakout Scalping

If $247.00 breaks, enter long toward $250.00 (+1.2%).
If $244.50 fails, short toward $242.00 (-1.0%).
🔥 Mid-Term Trend Forecast (1-3 Weeks):
If price holds above $244.50, expect a run toward $250.00+.
If it breaks below $242.00, downside risk increases.
Market remains bullish unless momentum fades.
🔥 News & Market Context:
MoffettNathanson raised AAPL's price target to $184, but still holds a "sell" rating.
Apple remains resilient despite bearish analyst sentiment.
Strong long-term fundamentals continue to support price.
🔥 Decision:
🩸 Short-term: Scalping between $244.50–$247.00 is ideal.
🩸 Mid-term: Bullish until $242.00 breaks.
🩸 Ideal Play: Buy on pullbacks, but be cautious of resistance.

👑 Final Verdict:
Trends don’t move in a straight line—ride the wave, but don’t get caught in the undertow.

🔥 LucanInvestor:
"Price action tells the truth. Noise is just a distraction."

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