Just wanted to share what i see going on with aapl here.
Weekly candle closed with a grave stone doji.. whenever aapl closes with a weekly grave stone doji there's a high chance of a pullback coming in the two weeks.
Aapl is displaying a very large Ascending triangle setup here. If this pattern were to play out then aapl is headed for 220-230..
There is a chance appl could correct from its weekly candle and also still break out to new ATH..
We could trade inside this triangle 180-200 for most of February then make a move higher in march as long as 180 holds.
So if we pop higher this week to 200.00 area and get rejected then id be looking for the pullback to support or 180.
If we close over 200 then i would say a break out maybe under way to new ATH.
If we lose support or 180 then 165 is the next target
Weekly candle closed with a grave stone doji.. whenever aapl closes with a weekly grave stone doji there's a high chance of a pullback coming in the two weeks.
Aapl is displaying a very large Ascending triangle setup here. If this pattern were to play out then aapl is headed for 220-230..
There is a chance appl could correct from its weekly candle and also still break out to new ATH..
We could trade inside this triangle 180-200 for most of February then make a move higher in march as long as 180 holds.
So if we pop higher this week to 200.00 area and get rejected then id be looking for the pullback to support or 180.
If we close over 200 then i would say a break out maybe under way to new ATH.
If we lose support or 180 then 165 is the next target