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Can APPL Confirm the Bullish Trend? Today we will do a full technical analysis on APPLE INC on the 1H and explain why I recommend bullish (long) trade advice, and also discuss the  bearish  scenario. As we can see the upper resistance of this ascending channel is definitely weaker than the support line. With break-out , the resistance didn't hold well. Also we can see a break-out got rejected, but we have to keep this behavior in mind so you don't get stopped out when you want to enter a short. This lower support line of the ascending channel is very strong and it has at least 4 confirmed touches. Now that the price is at the close to the middle line of the channel, so we can see two scenarios play out. Either it breaks upwards and we can enter a long towards the upper resistance of the channel, or it breaks downwards and we can short until the lower strong support line.In general, because APPLE is trending upwards recently. I would advice to have a bullish bias here and suggest the most likely scenario of a bullish continuation
NASDAQ:AAPLLong
by TradingFleet
Long $AAPLHello Sophisticated Trader, The recent dip in stock price is making $APPL an attractive stock to buy. Though, it possible for the stock to visit 351, the overall bullish trends could see this stock over $400, by year-end. The company is still strong during this pandemic and so far has been readjusting nicely. I am recommending a buy moving forward. Like, Comment, and Follow. Let's Make Money Together! Happy Trading! Dr. Lydia Smith Where we teach you what you need to know to be a profitable trader.
NASDAQ:AAPLLong
by DrLydia
APPLE 🟩🟨🟥 True Facts About Justin Bieber's Love of Apple💬Apple closed some stores for COVID related reasons in some states, but it also opened stores due to re-openings in other states. That is sort of mixed news for Apple. Meanwhile, the fear in the market over a bearish IMF report and some rising COVID cases is legitimate. Overall, however, there is logic and reason to bet on Apple. Apple just made a string of bullish announcements at their recent digital-only keynote and Apple's chart is generally very bullish and tends to respect support/resistance levels. Let's take a look at some Apple levels that the bulls will need to deal with to keep this tech giant's bull run going. Hit that 👍 button to show support for the content! Help the community grow by giving us a follow 🐣 ----- Support: S1: The S1 S/R flip and pivot point is a logical place for the bulls to find support if they should need it. S2: The S2 orderblock is good backup support for the bulls. The market is a bit jittery right now, so it wouldn't be shocking to see a further correction and a reaction at S2. S3: Finally, the S3 S/R flip and price pivot point at the previous all-time high (ATH) range should hold if a more substantial correction ends up being needed. Apple has every reason to keep running, but no asset is immune to the eventual correction after a big run. Resistance: R1: The R1 orderblock at the recent swing high and all-time high is the only identifiable level of resistance for Apple. As the only current level, it'll be important for the bulls to break this one and find support on top of it. ----- Summary: There are two likely paths for Apple. One path we see the bulls quickly take out the all-time high and then find support on top of previous resistance. The other path we see a continuation down, likely after a rejection of R1. The path downward becomes more likely if the virus fears ramp up, as without fear it is hard to see why investors aren't rushing back into Apple. Resources: www.cnbc.com + www.cnn.com + www.npr.org ✨ Drop a comment asking for an update, we do NEW setups every day! ✨
NASDAQ:AAPL
by AlphaBotSystem