Apple Inc
Long

AAPL - Technical analysis opinion

My technical analysis for AAPL and why I am bullish on the stock

  • Substantial support in around the $150.80 zone
  • RSI is in a comfortable area
  • ATR (50D Length) is at low vitality
  • AAPL has been in an up-trend since Jun-16
  • Price broke through the 200 SMA, pulled back and created a support area (1D, 4h, 2h)

    My trade will be placed in the 4h time frame after a close of a green candle above the $150.80 zone.

    Let me know what you think and if you have any suggestions for improvement!
    Cheers!

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