Good day Traders,
Apple (AAPL) Bulls Taking Charge at the moment. Price has been extremely bearish over the last few months, However, we are now showing signs of reversals.
Price is currently trading at 145.45 and has broken into a new range after retesting a previous resistance which is now support. I would like to see a slight pullback into 144.80 before entering.
More confluences include price creating higher highs and higher lows in the most recent price action, It has also managed to break a descending trendline which has been respected for most of the year.
My target is at 151.46 which is the next significant resistance level to look out for.
Let's see what happens when the market opens.
Renaldo Philander.
Apple (AAPL) Bulls Taking Charge at the moment. Price has been extremely bearish over the last few months, However, we are now showing signs of reversals.
Price is currently trading at 145.45 and has broken into a new range after retesting a previous resistance which is now support. I would like to see a slight pullback into 144.80 before entering.
More confluences include price creating higher highs and higher lows in the most recent price action, It has also managed to break a descending trendline which has been respected for most of the year.
My target is at 151.46 which is the next significant resistance level to look out for.
Let's see what happens when the market opens.
Renaldo Philander.
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