$APPL - Cup and handle?NASDAQ:AAPL Apple's chart is forming a cup and handle pattern, with the neckline at $198.
A multi-session close above $199 would validate the pattern, and the price could travel further upward.
The RSI and Accumulation Distribution indicators are showing bullish divergences, indicating that accumulation is occurring.
Upside Targets:
$198
$209
$224
Downside Risk:
$177