masud786

AAPL BULLISH

Long
NASDAQ:AAPL   Apple Inc
As i have labeled in the chart, AAPL has broken out of its triangle formation and is pushing higher to the next SupDem level. It's important to note that this is a MINOR supdem level and that it has already been tested once already on 2013-12-05, so the chance of it bouncing off that zone AFTER breaking out of a triangle pattern is very slim.

I am predicting that AAPL will push to its next supdem zone before stalling, which is 630.00. Of course as always, there will be a minor pullback after breaking any level, so smart thing to do would be to go down to H1 Or H2 timeframe to find entries.
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