AAPL is forming a ascending triangle on the weekly time frame and could mean a big move up in the next few weeks.. and a potential cup and handle forming on the daily.
Nobody can really predict how the market moves but if it moves the way I anticipate it, I plan to capture its movements at these zones with other indicators to confirm entry..
1. Entry at 128.49/127.12 pullback zone or 35/50 EMA zone.
2-A. Continuation of (1) or breakout entry at 135/137 zone (w/ potential cup and handle setup).
2-B. Price broke 135/137 zone with possible entry after the pullback with entry zone around 135/137 area.
3. 128.49/127.12 zone does not hold, possible entry at 120/119 zone (w/ potential double bottom setup)
** if price break 144.79 and this level holds as support we can see a bigger move with a potential 150-160 target.
Nobody can really predict how the market moves but if it moves the way I anticipate it, I plan to capture its movements at these zones with other indicators to confirm entry..
1. Entry at 128.49/127.12 pullback zone or 35/50 EMA zone.
2-A. Continuation of (1) or breakout entry at 135/137 zone (w/ potential cup and handle setup).
2-B. Price broke 135/137 zone with possible entry after the pullback with entry zone around 135/137 area.
3. 128.49/127.12 zone does not hold, possible entry at 120/119 zone (w/ potential double bottom setup)
** if price break 144.79 and this level holds as support we can see a bigger move with a potential 150-160 target.