Nathan_Black

AAPL: BULLSEYE! Next KEY POINTS to watch [UPDATED].

NASDAQ:AAPL   Apple Inc
• AAPL did everything we expected it would do: Hit our target; Did a bottom at the 61.8% retracement; And it exploded afterwards – The link to my previous public analysis is below this post, as usual;
• The purple trend line in the 1h chart is working as a key resistance on AAPL, and it has to break it in order to reverse the bearish bias and seek the next target: $158.73;
• The key support is at $145.66 (red line), and if AAPL loses it, it might frustrate any bullish thesis in the short-term, and in this scenario it would seek the 61.8% retracement again;
• AAPL is doing many technical movements recently, and it has been very easy to read it. For now, keep these key points in mind. I’ll keep you updated on this.

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