axelroark

$AAPL riding DTL support to 178 retracement

Largo
axelroark Actualizado   
NASDAQ:AAPL   Apple Inc
Volume steadily increasing while Apple dropped into demand zone and with DTL support at key fib level. Now that reduced guidance has been priced in, it would not be surprising to see it ride this trend line as it seeks to retrace former ATH, and play strong into earnings.
Comentarios:
Did not hold DTL support, but has secondary DTL support around 148.51. If that breaks, this idea fails.
Comentarios:
DTL support held. Still on target.
Comentarios:
Momentum getting crushed by resistance near 158.75. Needs to consolidate further near 154-155 before pushing through to target.
Comentarios:
Primary DTL support held during yesterday's lows. Still on track.
Comentarios:
Squeezing itself into an ascending triangle going into tomorrow's e/r. Has not yet pushed > 160, but should test 50dma (164-165) this week assuming it survives earnings.

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