Nathan_Black

AAPL: Next KEY SUPPORT/RESISTANCE levels to watch from here. ๐Ÿ‘€

NASDAQ:AAPL   Apple ื‘ืข"ืž
โ€ข Everything is going as planned on AAPL, since our last study on it (link below this post);
โ€ข AAPL is heading to our target around the $137 - $138 area, which we set last week, and thereโ€™s no top sign on it yet;
โ€ข Even if AAPL corrects, in order for it to do a clear top sign would be important to lose the 38.2% retracement again, along with the 21 ema โ€“ this could frustrate the bullish thesis;
โ€ข However, as long as AAPL stays above these key points, the bullish bias will persist, and our first target is still the $137 - $138 area. Thereโ€™s no technical reason to change it;
โ€ข Thereโ€™s an Ascending Wedge in the 1h chart, and it seems AAPL wants to break it upwards, which would reinforce the bullish thesis;
โ€ข Today, it is at $135 pre-market. Iโ€™ll keep you updated on this.

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