Apple בע"מלונג
Cup and Handle Forming? Target $168
Greetings. I'm bullish on AAPL, based on the bullish cup & handle pattern.
1. Look for retrace to monthly or quarterly EMA ($128/$123), before continuation of the uptrend
Weekly: (Bullish)
1. Momentum and MACD are climbing.
2. 23% FIBO is 117.96, which is first retracement level.
Happy Trading!
Disclaimer. My ideas are for informational purposes only. My ideas do not constitute solicitation, recommendation, endorsement, or offer to buy or sell any securities or other financial instruments. You should not construe any such information or other comments as legal, tax, investment, financial, or other advice. There are risks associated with investing in securities. Investing in stocks, bonds, exchange traded funds, mutual funds, options and money market funds involve risk of loss. Loss of principal is possible. Please exercise your own due diligence.
1. Look for retrace to monthly or quarterly EMA ($128/$123), before continuation of the uptrend
Weekly: (Bullish)
1. Momentum and MACD are climbing.
2. 23% FIBO is 117.96, which is first retracement level.
Happy Trading!
Disclaimer. My ideas are for informational purposes only. My ideas do not constitute solicitation, recommendation, endorsement, or offer to buy or sell any securities or other financial instruments. You should not construe any such information or other comments as legal, tax, investment, financial, or other advice. There are risks associated with investing in securities. Investing in stocks, bonds, exchange traded funds, mutual funds, options and money market funds involve risk of loss. Loss of principal is possible. Please exercise your own due diligence.
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