ContraryTrader

Apple to 170

Viés de alta
NASDAQ:AAPL   Apple Inc
Volume was insane here today.. Has stock buyback written all over it.
Getting close to overbought on the money flow and its changing outside its bollingerband but I wouldn't dare short this with that level of volume. As matter of fact until this touches 170 resistance I would treat every pullback as a dip buy.

White line- trendline support
Yellow lines - channel

Found this alternative resistance here that differs from what's floating around.

As you can see , resistance was support back in January. I think 170 is tops but I'll wait for candlestick and volume to confirm that.. If we break above 170 , fibonacci says apple will be worth 4
3trillion😉

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