Shares of AAPL have been ripping along nicely lately, but it's approaching the top of a well defined channel so a pullback to the bottom of the channel seems likely.
That support, which practically aligns perfectly with the 50dsma, is in the $185 range (and rising), and assuming it holds, I expect it to extend on up the channel to new highs.
Happy trading!
That support, which practically aligns perfectly with the 50dsma, is in the $185 range (and rising), and assuming it holds, I expect it to extend on up the channel to new highs.
Happy trading!