AAPL - TA Update 29 Oct 2022
$Apple(AAPL.US$
- Looking good, AAPL will define whether SPY has any hope of reaching 410/420
- Last TA update showed a weak bearish structure from 148 to 155 and bulls could easily cut through it
- AAPL earnings this week provided that catalyst and as it played out, it cut through well before tested by 157.
- AAPL should consolidate between 155 and 157 early next week and a Powell rally could bring it upwards 165 and then 170 (all weak structures coming down)
- Looking good, AAPL will define whether SPY has any hope of reaching 410/420
- Last TA update showed a weak bearish structure from 148 to 155 and bulls could easily cut through it
- AAPL earnings this week provided that catalyst and as it played out, it cut through well before tested by 157.
- AAPL should consolidate between 155 and 157 early next week and a Powell rally could bring it upwards 165 and then 170 (all weak structures coming down)
Looking good. If AAPL can play out this way, SPY will also likely see itself going to 410/420.
Downside support is at 148
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victorecholima86 : In short we can expect 165-170?
AsphenOP : watch Monday n Tuesday price action.
last night Volume is super high.
suspect is apple come in and buy back shares.
148 needs to hold in pullback.