APPLE - Breakout!

 

APPL Weekly Chart

On Apr 2024, I wrote that APPL support at 172 appears to be holding when it closed with a long bullish candle on its weekly chart then. See link below.

https://swingtrader188.blogspot.com/2024/04/apple-support-holding.html

There was a shake out the following week when APPL broke below 172 to close below its next support at 166. It turned out to be a false breakdown. APPL steadily moved higher after that until it broke above its resistance at 198 to close at a new all-time high at 207.15 yesterday (Jun 11, 2024).

Disclaimer: 

Trading and investment involves risk, including possible loss of principal and other losses. I shall not be responsible for any losses or loss profit resulting from trading or investment decision based on my posting and any information presented in this blog.