TECHNICAL ANALYSIS | $AAPL
$AAPL consolidating around $341.14 after rejecting resistance at $343.50 and maintaining a bullish bias following the range breakout. The decisive level for confirming continuation is at $339.50.
• Zone: consolidate support at $339.50 by the close of this 4H candle.
• Invalidation: a close below $339.50 confirms the false breakout and sends the price back to the area of interest at $336.50.
• Target: resume the buying momentum toward the previous highs at $343.50 and $345.50.
Will it hold consolidation above $339.50, or look to retest the lower end of the range? 📈
#stock
$AAPL consolidating around $341.14 after rejecting resistance at $343.50 and maintaining a bullish bias following the range breakout. The decisive level for confirming continuation is at $339.50.
• Zone: consolidate support at $339.50 by the close of this 4H candle.
• Invalidation: a close below $339.50 confirms the false breakout and sends the price back to the area of interest at $336.50.
• Target: resume the buying momentum toward the previous highs at $343.50 and $345.50.
Will it hold consolidation above $339.50, or look to retest the lower end of the range? 📈
#stock