A great reaction on AAPL!

AAPL filled a gap at 123.06, and it is doing a rally now. The 124.78 is another gap, that is a resistance now, so, AAPL is supposed to have a hard time in this area.

If it breaks the 124.78, it'll confirm our long thesis, but for now let's keep the 4h chart in mind.

snapshot

AAPL broke the 124.43, which is a nice buy point after it filled a gap. The confirmation will come tomorrow, but this is a nice sign already. It must not lose today's low, though.

If AAPL breaks the 127.90, it'll reverse the trend for good. But for now, I think the 127 is a good target.

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See you soon,
Melissa.
AAPLgapMultiple Time Frame AnalysisRelative Strength Index (RSI)Support and ResistanceTrend Analysis

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