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AAPL resting before it continues it's move up.

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NASDAQ:AAPL   Apple
AAPL

Apple stock has been resting after a quick run up from the low 170s to the mid 190s. I expected to go to 193.50 area before running down and testing the 190 area building a small support area and bouncing up to 196 then finally breaking 200 and settling in at around 202.


This is based off my indicator The Magician's Indicator with it's trend strength background.

The tend background shows green for down trending and pink for up trending. A white background shows it as resting or no defined trend direction.

Komen:
AAPL moved up higher then I expected last week but now I expect a pullback till first week of July and then to 202 - 203 area then sideways. (Building a base)

Creator of the Victory Indicator
Penafian

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