Apple Inc
Long
Updated

Apple - All This Was Expected!

2 286
Apple (AAPL) perfectly plays out:

snapshot

Click chart above to see the detailed analysis👆🏻

Just a couple of months ago, Apple perfectly retested the rising channel resistance trendline and has been creating the expected bearish rejection. This could perfectly form the next all time high break and retest, which would eventually lead to another significant move higher.

Levels to watch: $190

Keep your long term vision,
Philip (BasicTrading)
Trade active
Trading update on Apple (AAPL):

snapshot

Click chart above to see the detailed analysis👆🏻

Apple is still just trading at the exact same level as it was about 8 months ago. This is clearly a sign that bullish momentum is vanishing and we could see a move lower and another textbook all time high break and retest. The overall trend remains bullish though.

Levels to watch: $190

Keep your long term vision,
Philip (BasicTrading)
Trade closed: target reached
Trading update on Apple (AAPL):

snapshot

Click chart above to see the detailed analysis👆🏻

What an awesome chart we have on Apple, perfectly respecting structure and playing out exactly as expected. Looking at technicals it is quite likely that Apple will drop another -5% to -10% before it will then retest the previous all time high and start a reversal.

Levels to watch: $190

Keep your long term vision,
Philip (BasicTrading)

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