Tea-Trades

Apple/ AAPL Consolidating

Long
NASDAQ:AAPL   Apple Inc
Apple had a recent 4:1 split. It looks to be absorbing the buying frenzy that took place before the split. (Tesla split on the same day and looks similar but finally had a catalyst that propelled it upward. )

Apple is consolidating. The breakout from this tight trading range would be 121.99. There is overhead resistance around 127 & 138. I would be adding more as it cleared these levels for a long-term position. my current stop 112.35


This is an opinion. Not investment advice.

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