Apple pullback targets

Direction First Service

Apple pullback targets

By Peak Analytics & Consulting — Author

For anyone interested in market-driving stocks, #Apple is working through a pullback phase currently. Based on the charts, I spot three possible pullback targets - $214, $195 and $181 (from $217.35 right now). I'd say a break below $217.35 in AAPL would get the broader market's attention. Above that level and all is well for the bulls (barring exogenous events). If $217 holds, look for a run to $240 - $250. If $194 ends up being tested, look for a re-test of $230 - speaking strictly from the long side. Apple isn't a broken stock yet, so shorts are risky.

Tickers: AAPL

Posted to Peak Analytics' Direction F… on Sep 10, 2018 — 11:09 AM

Check out what my VIP members get

Recent free content from Peak Analytics & Consulting

S&P futures may see short-term bounce ahead of test of 4,005 — 8/26/22
NASDAQ futures update... — 3/08/22
AAPL historical pattern could lead market lower — 8/03/20
UPDATED S&P FUTURES LEVELS BASED ON TODAY'S ACTION... — 12/20/18
Headed to 2412 - 2417 — 12/20/18

You can also use Ctrl+Enter to post

Comments ({[comments.length]})

Sort By:

Loading Comments

No comments. Break the ice and be the first!

Error loading comments Click here to retry

No comments found matching this filter

{[comment.author.username]} {[comment.author.username]} — Marketfy Staff — Maven — Member

{[comment.date_posted|date_format]} ● {[comment.date_posted|date_ago]} ● Edited ● Edit Comment ● Delete Comment

Want to add a comment? Take me to the new comment box!

By cwmetz — 8 years ago

Excellent advice these last turbulent months...

By Don Trang — 8 years ago

Wide stop loss and small at profit taking but that's their style.

See All Reviews →

Direction First Service