Apple can go either way at this point. I will be waiting on monday to see whether or not to make a call or short put order. i see that a price above the 345 support is crucial to continue its upward trend. If it opens Monday below it Apple might drop to 1st or even 2nd support level. two things to keep in mind. 1. the RSI shows Apple is really close to being overbought. 2. Apple closed down some of their stores across the U.S for the reason of new Covid-19 cases surging.
regardless Apple has shown to be consistent with staying inside the channel.
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.