Howdy Traders!
Recently,
AAPL
has been creating this consolidation.
*Personally, pattern types are invalid in trading. Trades should not be conducted and executed only when a 'flag' or a 'wedge' emerges. Instead, use consolidation. It is a definite thing that a stock has consolidated.
Back to the charts.
With this consolidation, it can be noted that
AAPL
has broken through the top and has created this bullish position. It may come back to retest the previous resistance as a support, but it also may not. The price target is $186 for the short-term, and $195 for the near future.
Buena Fortuna (Good Luck)!
Recently,
AAPL
has been creating this consolidation. *Personally, pattern types are invalid in trading. Trades should not be conducted and executed only when a 'flag' or a 'wedge' emerges. Instead, use consolidation. It is a definite thing that a stock has consolidated.
Back to the charts.
With this consolidation, it can be noted that
AAPL
has broken through the top and has created this bullish position. It may come back to retest the previous resistance as a support, but it also may not. The price target is $186 for the short-term, and $195 for the near future. Buena Fortuna (Good Luck)!