AAPL: A new record high! And this is not surprising for us!
Hello traders and investors! Let’s see how AAPL is doing today!
As we expected, the Fibonacci’s Retracements held the price nicely, and the 61.8% was the last support for AAPL, before the bullish reaction. This is not a surprise for us, as we’ve been working with this scenario since our last study. However, the intensity of this movement is quite impressive.
Today, we quickly touched the 21 ema, and now AAPL is simply flying, and we have no top sign, no bearish reaction, and the trend is 100% bullish.
In the daily chart, AAPL triggered a pivot point, and it is doing a new record high today. Today’s candlestick is looking good, and now I would use the $ 151.68 as a guide.
If we lose this point, we might see another pullback, probably to the 21 ema, but let’s not count on that. Now it is not the time to buy, as the time to buy was near the 61.8% retracement. Now is time to manage positions and maybe set stop-gains.
Let’s wait for more signs on AAP. I’ll keep you guys informed about the next movements. Remember to follow me to keep in touch with my daily updates on stocks and indices.
Have a good week!
As we expected, the Fibonacci’s Retracements held the price nicely, and the 61.8% was the last support for AAPL, before the bullish reaction. This is not a surprise for us, as we’ve been working with this scenario since our last study. However, the intensity of this movement is quite impressive.
Today, we quickly touched the 21 ema, and now AAPL is simply flying, and we have no top sign, no bearish reaction, and the trend is 100% bullish.
In the daily chart, AAPL triggered a pivot point, and it is doing a new record high today. Today’s candlestick is looking good, and now I would use the $ 151.68 as a guide.
If we lose this point, we might see another pullback, probably to the 21 ema, but let’s not count on that. Now it is not the time to buy, as the time to buy was near the 61.8% retracement. Now is time to manage positions and maybe set stop-gains.
Let’s wait for more signs on AAP. I’ll keep you guys informed about the next movements. Remember to follow me to keep in touch with my daily updates on stocks and indices.
Have a good week!
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