â€Ē Everything is going as planned on AAPL, since our last study on it (link below this post);
â€Ē AAPL is heading to our target around the $137 - $138 area, which we set last week, and there’s no top sign on it yet;
â€Ē Even if AAPL corrects, in order for it to do a clear top sign would be important to lose the 38.2% retracement again, along with the 21 ema – this could frustrate the bullish thesis;
â€Ē However, as long as AAPL stays above these key points, the bullish bias will persist, and our first target is still the $137 - $138 area. There’s no technical reason to change it;
â€Ē There’s an Ascending Wedge in the 1h chart, and it seems AAPL wants to break it upwards, which would reinforce the bullish thesis;
â€Ē Today, it is at $135 pre-market. I’ll keep you updated on this.

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AAPLascendingwedgFibonacci RetracementMultiple Time Frame AnalysismtfanalysisSupport and ResistancesupportandresistancezonestargetTrend Analysis

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