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
AAPL has shown strength despite lots of negative news. Compared to the S&P 500 the stock has under performed past couple of years and only recently showed some strength. There is 20-50 EMA cross over with price well above the 200 day EMA (pink), bullish candlestick pattern. A/D is trending upwards and MACD is in positive territory.
I would take a short term bet...
