Short to midterm perspective on Apple showing important support zones and extrapolating current trends to middle of 2022.
Currently Apple formed a triangular flag above its all time high and looks poised to break out of this flag. Comparable stocks such as Microsoft already broke out of their consolidation patterns that were formed during the past 2-3 weeks.
Continuation of current trend would take us to 185 by June 2022 and base trend would be at 100 at that point in time.
Currently Apple formed a triangular flag above its all time high and looks poised to break out of this flag. Comparable stocks such as Microsoft already broke out of their consolidation patterns that were formed during the past 2-3 weeks.
Continuation of current trend would take us to 185 by June 2022 and base trend would be at 100 at that point in time.