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AAPL, a classical cup with handle in the making

AAPL, a classical cup with handle in the making

Postby Cobra » Thu Jan 21, 2021 5:58 pm

$AAPL, I see a classical cup with handle now. A few more days of consolidation first would make the breakout more solid. Breakout now would be hard to say whether it's for real or not.

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Re: AAPL, a classical cup with handle in the making

Postby Cobra » Sat Jan 23, 2021 11:55 am

The breakout looks good although still could be a fake one so need give bulls a little more time. People are asking for the C&H text book target, well, it's around $172.

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Re: AAPL, a classical cup with handle in the making

Postby Cobra » Mon Jan 25, 2021 5:15 pm

Doji on volume surge means distribution (doji on decreased volume means consolidation, two different things), so might be a pullback here first then we'll see.
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Re: AAPL, a classical cup with handle in the making

Postby Cobra » Fri Jan 29, 2021 4:44 pm

$AAPL, do you see that the red bar gets wider and wider and the volume stairs up day by day? It's a sign of selling exhaustion so could be a rebound here first then we'll see.
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