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Apple -> Leading The Rally

Long
NASDAQ:AAPL   Apple Inc
Hello Traders,
welcome to this free and educational multi-timeframe technical analysis .

On the weekly timeframe you can see that Apple stock is approaching a quite obvious previous weekly resistance zone at the $180 level which is now turned resistance again.
You can also see that over market structure is still massively bullish, I am also definitely expecting new all-time-highs on Apple so I am now just waiting for a short term rejection and then I do expect more continuation towards the upside.

On the daily timeframe you can see that Apple stock is still creating bullish market structure with the recent break and retest of the $175 level, so there is still no sign of Apple slowing down, so I will just wait for a short term correction before I then do expect more continuation towards the upside.

Thank you for watching and I will see you tomorrow!

You can also check out my previous analysis of this asset:

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