Apple IncLong
$AAPL Long
Updated
Apple trending higher after the election on November 5th and approaching the upper trend-line for a breakout trade. There have been three prior attempts at the trendline with each candle closing green. The 9 day EMA crossed the 50 day EMA upward which is a bullish crossover indication.
Next week being a short week due to the holidays. There can be a potential squeeze if the volume is there. A break of the trend-line and Apple is targeting 235 and then all-time highs.
Trend-line breaks at 230. First level of resistance can be around 233.47 and then 235.
Not Financial Advice.
Next week being a short week due to the holidays. There can be a potential squeeze if the volume is there. A break of the trend-line and Apple is targeting 235 and then all-time highs.
Trend-line breaks at 230. First level of resistance can be around 233.47 and then 235.
Not Financial Advice.
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