AAPL becoming interesting again; Good levels are approaching!
Price update (9 Mar 2024)
Macro View
- Uptrend from 2020
- Last breakout point was about 123
- Range of interest (previous tested) between 135 to 140
Zoomed in View
- Neckline 180 was broken down from
- 175 did not hold
- Gapped down and now holding at 170
- Another neckline needs to hold at 170
- Weak support but will see some hold at 165 160 155 with 155 being a stronghold
- Key region of interest is between 135 and 140 (previous strongholds)
Bullish - Has to break back above 180 and stay above
Bearish - Any rejection at 180 and 170 would mean 155 target
My plays
- My nibbling started at 175
- Next nibble is at 165 (sold puts)
- And then 155 (will nibble shares or sold puts once seeing how 170 gets sustained)
Good luck, all!
AAPL Zoomed View - 9 Mar 2024
AAPL Daily - Macro View - 9 Mar 2024
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