APPLE - AAPL - CAN APPLE GET THE PARABOLIC STEP? OR RETRACE DOWN

All,

I think Apple has a chance here to actually breakout big to the upside it needs to keep this new trend line a form some tight higher lows. There is quite a bit of darkpool / options activity on Apple and lots of hedges going on. I can see why. If it holds up here and gets a tight few higher lows over next 2 weeks it would probably hit $200. Flipside if it loses this new trend and market turns down it could see pretty significant retrace out the bottom.

Watch for:
-market (always first)
-any positive/negative Apple news
-give it a little time this is a weekly chart set some alerts
-if you wanted take a straddle or 1:1 ratio short mid range split see if you can hit a small profit on a hedge
AAPLappleChart PatternsTechnical IndicatorslcidmcsftNIOSPX (S&P 500 Index)SPDR S&P 500 ETF (SPY) Trend AnalysisTesla Motors (TSLA)

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