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since Jun 8, 2015
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Here's why I'm bullish. 50% Fib retrace from 2013 lows. Long term floor line. Everyone hates apple stock in the media.
1
Fib Retracements at .5 and .382 from 2 time frames. They like to crash this into earning. If this doesn't hold $80 is the lowest support.
1
Approaching long term trend line and 200 day should be almost time to short again if it hits the low $17's. Dust.
3
Apple's Trading range is narrowing in descending triangle. Bullish. Close to long term support line. But, if it breaks down below the long term trend line the next support is down in the high $70's, yikes.
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