I see Apple is just accumulating. We talked about in my last analysis that we should be careful, and in the 30min chart we see why.

We are inside a big congestion, and yesterday, Apple closed the gap at 126.03. All of this is good, as this offers a chance to trade.

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If AAPL breaks the 127.90 again, itโ€™ll hit the 131. The RSI has an advanced breakout, and this increases the odds in the favor of the long trades. But if all of this doesnโ€™t work, and if it loses the 126 one more time, the 4h chart suggests it can drop to the 122 again.

Letโ€™s remain cautious here, always working with the possibilities.

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See you soon,
Melissa.
AAPLadvancedbreakoutapplecongestionMultiple Time Frame AnalysisRelative Strength Index (RSI)Support and ResistanceTrend Analysis

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