The Apple (AAPL) daily chart shows the following signs:
The Price of AAPL made a Long jump movement with a green candlestick before a month, at last earnings announcement. over the Tenkan Sen & Kijun Sen and gave a very strong bullish signal. The MACD is on bullish sign with a liitle sign of divergence and the RSI too but overbought. The Stock is over the EMA200, the KUMO Cloud and the Tenkan-sen is over the Kijun-sen.
I expect that the stock will continue the bullish movement until the first resistance at $685. The last long movement of the stock was from $384 to $570 giving a 1,618 fibonacci projection to $685 for a first target. This scenario is forced by the CUP w/Handle pattern over the EMA200.
The Price of AAPL made a Long jump movement with a green candlestick before a month, at last earnings announcement. over the Tenkan Sen & Kijun Sen and gave a very strong bullish signal. The MACD is on bullish sign with a liitle sign of divergence and the RSI too but overbought. The Stock is over the EMA200, the KUMO Cloud and the Tenkan-sen is over the Kijun-sen.
I expect that the stock will continue the bullish movement until the first resistance at $685. The last long movement of the stock was from $384 to $570 giving a 1,618 fibonacci projection to $685 for a first target. This scenario is forced by the CUP w/Handle pattern over the EMA200.
