Apple IncUpdated AAPL heads up at $240: Breakout Barrier on way to $257 and TOP?
AAPL finally trying to break out to new highs.
Watching the BreakOut Barrier above for clues.
Double Golden Fibs would make for a nice TOP.
$ 239.41 - 241.19 is the BreakOut Barrier.
$ 248.86 - 248.72 a quick breakout target.
$ 257.41 - 257.86 Double Golden is the KEY.
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Watching the BreakOut Barrier above for clues.
Double Golden Fibs would make for a nice TOP.
$ 239.41 - 241.19 is the BreakOut Barrier.
$ 248.86 - 248.72 a quick breakout target.
$ 257.41 - 257.86 Double Golden is the KEY.
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Note
PERFECT fibnastics(yellow shaded area is from posting time)
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Zoom in a bit to look at the moves
Can't ask for any better of a roadmap to spot turns.
Of course there is no way to know WHICH one will turn.
But we know ONE Of them will, so we prepare at EACH one.
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So what now? back to square one:
Watching "Tentative Support" to be broken and retested.
$ 233.52 - 234.18 is the key now, for bulls to make a move.
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Trade active
We have a BREAK(yellow shaded area is from posting time).
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Zoom in (m15) for a closer look
PERFECT break and the double retest into LAUNCH mode.
Next hurdle is a cluster of dual local fibs around $248.xx
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SUMMANY:
- Perfect fibnastics gave support entry earlier.
- Got above the "Breakout Barrier" and running.
- Next hurdle to watch is $248.72-288.86
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Trade closed: target reached
BOOMPrimary Target HIT (yellow area is from posting time).
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Zoom in to the double Goldens
Nice interaction to confirm both fibs.
This is A top if not THE top for a while.
Watching those golden fibs very closely.
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the Golden Ratio is my Religion
the Trading View is my Nation
the Moderator Tag is my Flag
the Trading View is my Nation
the Moderator Tag is my Flag
Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.