It appears that the markets showed an overall strength today and showed the beginning of the possible bottom. This sentiment makes me look for bullish movement across the market. AAPL finishes consolidating at 50% of the Fibonacci. Now, I am looking for a movement to the upside to 120%.
I have been following this stock for a while. After the price drop, we witnessed the ATH. A solid consolidation zone has formed. Along with that, a bullish flag pattern calls my attention. The result of this could indicate an excellent solid movement to the upside until test high prices one more time or set new ATH.
Next price if the economy holds current market conditions. Also, the next quarter is usually a bullish sentiment for retail such as Walmart.
Elliot's wave movement in the previous trend.Now, the price could jump to the next resistance and meet the 100% level of the Fibonacci extension.