Yes we made all time highs, but we also hit the top of the ascending wedge and found resistance.
Do I think Apple is a solid long term play? Absolutely. I hold a majority of Apple in my long term portfolio.
But based on what I'm seeing on the chart, I think we pull back, find a support, before we move and break above this wedge, if at all, and we continue inside this wedge before a break lower.
Please share your ideas, would love to know what everyone thinks.
Do I think Apple is a solid long term play? Absolutely. I hold a majority of Apple in my long term portfolio.
But based on what I'm seeing on the chart, I think we pull back, find a support, before we move and break above this wedge, if at all, and we continue inside this wedge before a break lower.
Please share your ideas, would love to know what everyone thinks.
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