AAPL: Rebound in Play, but Resistance Looms
🔥 LucanInvestor's Strategy:
🩸 Short: Below $236, targeting $228. Breakdown below the 200 EMA could accelerate selling pressure.
🩸 Long: Above $242, targeting $258. A break above this level could confirm a bullish continuation.
🔥 LucanInvestor's Commands:
🩸 Resistance: $242 — A breakout level to reclaim previous highs.
🩸 Support: $236 — 200 EMA acting as a critical pivot point.
Apple has bounced from its support zone, supported by a MACD bullish crossover, but the 200 EMA remains a barrier. A sustained move above resistance is required for further upside.
👑 "Momentum is everything—move before the crowd reacts."
🩸 Short: Below $236, targeting $228. Breakdown below the 200 EMA could accelerate selling pressure.
🩸 Long: Above $242, targeting $258. A break above this level could confirm a bullish continuation.
🔥 LucanInvestor's Commands:
🩸 Resistance: $242 — A breakout level to reclaim previous highs.
🩸 Support: $236 — 200 EMA acting as a critical pivot point.
Apple has bounced from its support zone, supported by a MACD bullish crossover, but the 200 EMA remains a barrier. A sustained move above resistance is required for further upside.
👑 "Momentum is everything—move before the crowd reacts."
Disclaimer
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.