Apple IncLong
Apple - gunning for last leg of rebound towards 200?
Updated
Apple AAPL is in the up leg of phase B of the distribution mode. There would be a potential last leg of upside targeting 200 resistance before a selling. Yesterday strong buying pressure saw return of the bullish buyers.
Also, you may watch out for S165.00 support as a strong potential rebound.
AAPL is in the up leg of phase B of the distribution mode. There would be a potential last leg of upside targeting 200 resistance before a selling. Yesterday strong buying pressure saw return of the bullish buyers. Also, you may watch out for S165.00 support as a strong potential rebound.
Note
165 support is well supported. Also almost reaching my first target at 187.89. But given the strong bearish bar, will consider exiting the position for some profits.
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