Apple on the verge of a major breakout!
Hey guys, i am back!
Based on these charts, its looking like
(Apple Inc.) will breakout!!
The stock has been consolidating for a long time and its hovering right above the top of what looks like to be an ascending triangle.
What the stock needs is good volume and i believe itll break out into the 130s.. the stock has been quiet for the most time since its IPO since 1981.
If it doesn't happen today, it will certainly happen in the next week or so, if it fails, we may see another leg down into the lower 120s and high 110s.
I bought calls for end of December between 125 and 135 level.
Based on these charts, its looking like
(Apple Inc.) will breakout!!
The stock has been consolidating for a long time and its hovering right above the top of what looks like to be an ascending triangle.
What the stock needs is good volume and i believe itll break out into the 130s.. the stock has been quiet for the most time since its IPO since 1981.
If it doesn't happen today, it will certainly happen in the next week or so, if it fails, we may see another leg down into the lower 120s and high 110s.
I bought calls for end of December between 125 and 135 level. 
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