AAPL - Technical analysis opinion

26 jul 2022

My technical analysis for AAPL and why I am bullish on the stock

• Substantial support in around the $150.80 zone
  
• RSI is in a comfortable area
  
• ATR (50D Length) is at low vitality
  
• AAPL has been in an up-trend since Jun-16
  
• Price broke through the 200 SMA, pulled back and created a support area (1D, 4h, 2h)
  
  My trade will be placed in the 4h time frame after a close of a green candle above the $150.80 zone.
  
  Let me know what you think and if you have any suggestions for improvement!
  Cheers!