Hello traders and investors! Let’s see how AAPL is doing today!
Since it hit our last target, it has been going up nicely, and it seems nothing can stop from filling the next gap at $ 172.31. Since it broke the resistance at $ 168, this point should work as a support level in the future.
The trend is clearly bullish, and there is no bearish sign around. In addition to the support at $ 168, we have the 21 ema in the 1h chart to hold the price, if it drops.
In the daily chart, AAPL is doing 7 bullish candlesticks, and it is going up for 7 days straight. This is a rare event, and although I saw AAPL going up more than 7 days straight in the past (2017), it wasn’t only bullish candlesticks. When was the last time you saw AAPL going up more than 7 days in a row, doing only bullish candlesticks? Tell me, if you can (because, honestly, I can't).
This movement is incredible, and even if it corrects from here, the 21 ema in the daily chart is there to hold the price. Again, there’s no sign it’ll do a pullback, but let’s not panic if it does.
I’ll keep you guys updated on this, so remember to follow me to not miss any of my future analyses on AAPL!
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