TECHNICAL ANALYSIS | $AAPL
$AAPL is trading at $340.99 after being rejected at $345.50 and returning to retest the area of interest at $339.50. The key resistance level to reclaim to maintain the uptrend is at $342.00.
• Zone: hold support in the $339.50–$340.50 range at this 4H candle close.
• Invalidation: a 4H close below $339.50 invalidates the structure and accelerates the decline toward $336.50.
• Target: break above resistance at $342.00 to seek a retest of the highs at $345.50 and $348.50.
Will the demand zone at $339.50 hold, or will price seek the low at $336.50? 📈
#AAPL
$AAPL is trading at $340.99 after being rejected at $345.50 and returning to retest the area of interest at $339.50. The key resistance level to reclaim to maintain the uptrend is at $342.00.
• Zone: hold support in the $339.50–$340.50 range at this 4H candle close.
• Invalidation: a 4H close below $339.50 invalidates the structure and accelerates the decline toward $336.50.
• Target: break above resistance at $342.00 to seek a retest of the highs at $345.50 and $348.50.
Will the demand zone at $339.50 hold, or will price seek the low at $336.50? 📈
#AAPL