Short term trading opportunity in Apple
Apple has given a fresh breakout today and its weekly closing also looks good. However, it is trading at the upper edge of the channel it is following since Sept 2020. If the stock retraces back to 147-153 demand zone next week then a fresh long trade can be initiated with stop loss below 147. Target of this trade will be somewhere around 165 (upper end of the 1 year trading channel).
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