Short Term Upside Price = $180.00/share (Opinions Only)
Short Term Downside Price = $165.00/share (Opinions Only)
As outlined in the text above, we have price targets @ $180.00 and $165.00 in mind. As you can see from the chart above, we have identified some key resistance/support levels in our opinion. $AAPL has been experiencing strong upward momentum as of late. We had initially identified strong resistance @ $170.94 outlined on the chart. Apple confirmed that break last week which will be important. With the $170.94 break we will look for additional upward momentum to $180.00 levels. IF $AAPL does not hold that support @ $170.94, we could see a sell off to $165.00 levels. Historically $AAPL has done pretty well following the MACD crossover which we are seeing right now. As of now we are eyeing the $180.00 levels, but we will also keep $165.00 in mind if $AAPL decided to reject $170.94 support.
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