Hello dear readers,
The correction in Apple ended with a clear positive week. The cross support of the golden pocket and trend line was tested hard, but held.
Now the price is showing the appropriate reaction and can clearly pull away.
The medium-term outlook is therefore positive!
The price target of the current movement can be derived on the one hand from the Fibonacci expansion and on the other hand from the trend channel and thus lies at approx. 158 points.
As long as the trend channel is not broken downwards, the chart remains positive. Only a break of the trend channel would put the long scenario in danger.
Don't forget to Like & Follow if you like what you read :)
Best wishes & success!
Chartdigger
The correction in Apple ended with a clear positive week. The cross support of the golden pocket and trend line was tested hard, but held.
Now the price is showing the appropriate reaction and can clearly pull away.
The medium-term outlook is therefore positive!
The price target of the current movement can be derived on the one hand from the Fibonacci expansion and on the other hand from the trend channel and thus lies at approx. 158 points.
As long as the trend channel is not broken downwards, the chart remains positive. Only a break of the trend channel would put the long scenario in danger.
Don't forget to Like & Follow if you like what you read :)
Best wishes & success!
Chartdigger
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