check out this view on the 30min chart
AAPL is in the 3rd attempt to breach resistance at $443 (check the white markers) - looking at the momentum, we have 2 strong 30min bars (hi-score per the UTO) - but very light buying pressure.. it's as if the price is pegged to that range $437 to $443 .. although the bulls managed to push the low slightly up yesterday
possible short-term scenario: ultimately we may expect an escape into a new range ($443 to $448 or so) - with a breach that re-tests the $443 (a hook) and confirms solid support there -- then a move up. we can't tell how far that move is ahead of the split but some folks would also buy ahead of the dividends ex-date .. this is as exciting as watching a game of chess :)
great to get to $460-$480 and split to $115-$120 :) -- but really that's all guess-work for now -- no one can tell the future. Please stay safe!
AAPL is in the 3rd attempt to breach resistance at $443 (check the white markers) - looking at the momentum, we have 2 strong 30min bars (hi-score per the UTO) - but very light buying pressure.. it's as if the price is pegged to that range $437 to $443 .. although the bulls managed to push the low slightly up yesterday
possible short-term scenario: ultimately we may expect an escape into a new range ($443 to $448 or so) - with a breach that re-tests the $443 (a hook) and confirms solid support there -- then a move up. we can't tell how far that move is ahead of the split but some folks would also buy ahead of the dividends ex-date .. this is as exciting as watching a game of chess :)
great to get to $460-$480 and split to $115-$120 :) -- but really that's all guess-work for now -- no one can tell the future. Please stay safe!
