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M1chip

Low Risk Trade on AAPL with 40% potential upsideAAPL has confirmed a bullish trend on 1 Dec 2020 through three signals: 1. Breaking the downard arch (in red) starting on 2 Sep 2020. 2. printing a green 2 above a green 1 on the TD sequential indicator. 3. Launching off of the bottom of the blue channel. 4. The two arches (red and green) act like a triangle which was also broken upwards. To me, this is a very bullish entry with stoplosses at $112 and $106. Some resitance is expected at the dotted blue lines before we make it to the top of the channel. Tomorrow's (16 Dec 2020) hopeful green 2 above a green 1 will be the second and a stronger confirmation.
NASDAQ:AAPLLong
by TechNerdOmar
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