AAPL Medium term

28 thg 11, 2017

Few will argue that the Apple Inc stock price is not moving along a confident long-term upward channel, but each uptrend faces casual corrections and I believe that AAPL will face one shortly. I see two potential support areas that may be reached by the Apple stock price, therefore two potential trade scenarios have been generated. Approaching the TP level of the more conservative trade, it is possible to either close half of the position or move the SL to lock in some profit.