$AAPLB is setting up to break out 👀
Apple, iPhone, Mac and Services.
🔹 Ascending triangle at the record high, flat top at $348.15 (Oct 13 high) and rising lows from $300 (Jul 31)
🔹 Friday closed at $343.46, a record close, after four straight sessions with highs between $347.09 and $348.15
🔹 It needs a daily close over $348.15 (+1.4%), ideally on volume
📊 Q3 revenue $109.4B (+16%), iPhone +22%, EPS $2.02 vs $1.89 expected
💰 Gross margin 50.1%, net profit $29.8B (+27%)
⚠️ Q4 revenue guide of +9–11% came in under the ~12% Street estimate on supply limits and memory costs, and the stock fell 7.4% the day after
✅️ Confirm: daily close over $348.15
🟢 TP1 $372.23 (+8.4%) • TP2 $396.30 (+15.4%) • TP3 $426.06 (+24.0%)
⛔ Invalid: $340.46 (−0.9%)
Targets are 0.5x, 1x and 1.618x the $48.15 triangle height added to the lid. Risk from the Confirm level to Invalid is about 2.2%.
Please respect your SL level 🙏
#stocks
Apple, iPhone, Mac and Services.
🔹 Ascending triangle at the record high, flat top at $348.15 (Oct 13 high) and rising lows from $300 (Jul 31)
🔹 Friday closed at $343.46, a record close, after four straight sessions with highs between $347.09 and $348.15
🔹 It needs a daily close over $348.15 (+1.4%), ideally on volume
📊 Q3 revenue $109.4B (+16%), iPhone +22%, EPS $2.02 vs $1.89 expected
💰 Gross margin 50.1%, net profit $29.8B (+27%)
⚠️ Q4 revenue guide of +9–11% came in under the ~12% Street estimate on supply limits and memory costs, and the stock fell 7.4% the day after
✅️ Confirm: daily close over $348.15
🟢 TP1 $372.23 (+8.4%) • TP2 $396.30 (+15.4%) • TP3 $426.06 (+24.0%)
⛔ Invalid: $340.46 (−0.9%)
Targets are 0.5x, 1x and 1.618x the $48.15 triangle height added to the lid. Risk from the Confirm level to Invalid is about 2.2%.
Please respect your SL level 🙏
#stocks