Mikkelfo

Apple long with 1:4 risk/reward

Largo
NASDAQ:AAPL   Apple Inc
Apple have recently bounced on a double bottom, making an descending triangle formation. In addition to that, it bounced off a trend channel from 2012. A very good entry would've been @IgorKuzmin$, but there's still a possible for another long entry, before we shoot for the skies. If this analysis is succesful, then you have an entry around 95$ with a target to 119,5$... A massive 25% investment.

That being said, Apples future heavily depends on the indexes, as we might be approaching a bear market, which would result in bearish break of trend channel and descending triangle, with a target down at 76$ (GAP)

Picture with trend channel start
Exención de responsabilidad

La información y las publicaciones que ofrecemos, no implican ni constituyen un asesoramiento financiero, ni de inversión, trading o cualquier otro tipo de consejo o recomendación emitida o respaldada por TradingView. Puede obtener información adicional en las Condiciones de uso.