US Market Stock: Apple (NASDAQ: APPL)
Attached is
the Technical Analysis of Apple listed in the NASDAQ (US Stock Market).
Apple
(NASDAQ: AAPL) has formed a short-mid term technical rebound double bottom and
is now poised for a technical rebound.
Based on
Technical Structure,
Long:
$429.00-$440.99
Target 1:
$476.50-$498.55 (First Resistance), representing at least $36 per share profit.
Target 2:
$530.00 (Double Bottom Price Satisfaction), representing $89 per share profit.
This
Technical Rebound is targeted to wipe out late Apple shortists who do not have
holding power to their shorts.
Take longs/buys/investment profits on APPLE (APPL) when the above targets are hit.
Take longs/buys/investment profits on APPLE (APPL) when the above targets are hit.
Donovan's Market Analysis:
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