Falling wedge building up here .. I think the price could drop as far as 160 to retest breakout (Whiteline) and this setup still be valid.
Strong support at 165 then 160.
Cut losses below 160.. bullish target is 182.. 182 will be a tough nut to crack. Any close over 185 and its back to 200
Below 160 and we head to the weekly 200sma at 150 ish. Aapl has never broken the weekly 200sma..
Strong support at 165 then 160.
Cut losses below 160.. bullish target is 182.. 182 will be a tough nut to crack. Any close over 185 and its back to 200
Below 160 and we head to the weekly 200sma at 150 ish. Aapl has never broken the weekly 200sma..
Broke out of 2 wedges !.
If this closes above 171 for the week that would be a bullish engulfing. I expect a test of 180 or 200ema by next friday