Apple Inc
Long
Zaktualizowano

Will Apple follow the Blue Arrow ?

I am betting is a YES ! What if I am wrong ?

I will have to wait for the price to find support at 120 price level and add more ......
Uwaga
it closes above the support line at 139.56 level. let's wait for next Monday to see if this is a false breakout or sustained bullish move for which it will retrace and provides a better opportunity to go long
Uwaga
added more LONG positions
Uwaga
expecting some retracement at 180 resistance level
Uwaga
139.56 remains a strong support......
Uwaga
my target way exceeded. Praise the Lord
Uwaga
support at 188 price level
Uwaga
short term traders can consider take profits as we are approaching another triple top formation , see 15/08/22 price point
Uwaga
This is not very positive for Apple and it appears they are desperate to boost the declining revenue and leadership position as well. Not to forget, Tencent is near monopoly in terms of payment in China with its apps heavily used by the locals.

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