Ok, AAPL did a pullback, as we expected, now what we should focus in how much there's left to drop. I'm focusing in this gap at 124.78, but looks like the stock is trying to form a bottom already.
The problem is that we have no reversal, neither buy sign around, but the 126.08 is quite interesting, as it was resistance twice today. This the point we must see AAPL breaking.
In the 4h chart, the resistance at 127.90 worked as we thought, but we still have the advanced breakout, indicating that there's still hope that AAPL will break this resistance.
Again, the 126.08 is the key in the 30min chart, while if it breaks the 127.90 in the 4h chart, it'll trigger another buy sign, and the target is the 131.
I'll surely monitor all these points closely next week!
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See you soon,
Melissa.
The problem is that we have no reversal, neither buy sign around, but the 126.08 is quite interesting, as it was resistance twice today. This the point we must see AAPL breaking.
In the 4h chart, the resistance at 127.90 worked as we thought, but we still have the advanced breakout, indicating that there's still hope that AAPL will break this resistance.
Again, the 126.08 is the key in the 30min chart, while if it breaks the 127.90 in the 4h chart, it'll trigger another buy sign, and the target is the 131.
I'll surely monitor all these points closely next week!
If you liked this trading idea, remember to click on the “Follow” button to get more trading ideas like this, and if you agree with me, click on the “Agree” button 😉.
See you soon,
Melissa.
