AAPL is consolidating around 190 mark for last few trading sessions showing good strength to move further up. Now the stock is trading on the medium term rising trend line. It looks like the stock is ready to move upwards towards multiple resistance zone around 201.
This one is Moving upside like a Snail , Look for Sell on Open with stop 1 % above and Target as per chart , and look for 1 Hour reversal and buy for Next Possible Move as per indication in chart
-Stock recently broke out of an upward channel.
-Breakout was on high volume.
-Stock has retested the channel and survived.
-Forming a bullish pennant.
-Recent volume indicates consolidation and a bullish break may see the stock reach $200.
I am looking this as possible sell set up
Probably this will travel til 164 ,
I will go short once it brakes the current structure
Lets see how it works
