Perfectly bounced off the support and after yesterdays sessions sentiment in general is bullish (still we have some room to go down before earnings). If price will break the resistance ~$138.5, we should see strong moves to the upside.
TP1 145
TP2 148
TP3 152
Apple has made a double high formation at $140, which leads to a price drop. I see it as a little bit risky to short APPL, so I am inclined to open LONG positions at $113 and $101.
If we cross the double high, let's enter the LONG positions during the pullback from the top of $140.
AAPL has confirmed a bullish trend on 1 Dec 2020 through three signals:
1. Breaking the downard arch (in red) starting on 2 Sep 2020.
2. printing a green 2 above a green 1 on the TD sequential indicator.
3. Launching off of the bottom of the blue channel.
4. The two arches (red and green) act like a triangle which was also broken upwards.
To me, this is a very...
