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gmaster29

AAPL Short term target $173-$175

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Apple (NASDAQ:AAPL)  
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NASDAQ:AAPL   Apple
Trend Analysis Chart Patterns Technical Indicators AAPL apple QQQ SPDR S&P 500 ETF (SPY)
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trendanalysis chartpattern indicator aapl apple qqq spy
Major trend line that dates back to Oct 2018, it was a major resistance line until Aug 2020 and it has been a major support line since then. Yesterday APPL broke major support trend line briefly but closed above the trend line end of day. If APPL can hold above the trend line for next few days, I believe we’re seeing a market bottom and indexes SPY & QQQ will start moving higher as AAPL goes higher. However I see major resistance level coming for APPL at around 172-175, where the long term upper channel and short term upper channel converge.
Thanks,
Vijay
Dagangan ditutup: sasaran tercapai:
$175 target reached on 18-Aug
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