AB_Trading-Intelligence

AAPL Potential Upward Price-Action: iPhone Release - Election

Long
NASDAQ:AAPL   Apple Inc
APPL seems to be following suite with the reset of the market, as we enter Octobear. With all the selling pressure around the $115 to $114 region, we could see AAPL fall, and find support at $111 to $110 region. However, the narrative could change, as AAPL new iPhone line up should be annouced in the coming weeks. Therefore, could have some price action that could flip the $117 region as support, and re-test the $127 to $126 resistence before the election.

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