AAPL - Fourth Attempt to Breach $214
$Apple(AAPL)$ - Fourth Attempt to Breach $214
The challenge is that the Stochastic is overbought, a condition that was present during the previous two rejections from this level. However, this breakout attempt comes after a period of consolidation on the $200 volume shelf, an area that should now provide strong support if revisited.
If $214 is finally conquered, the next major resistance area to watch will be the 200DMA.
Make or break? I vote for the first with potential turbulence considering the overall market conditions.
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