Apple pullback targets

For anyone interested in market-driving stocks, #Apple is working through a pullback phase currently. Based on the charts, I spot three possible pullback targets - $214, $195 and $181 (from $217.35 right now). I'd say a break below $217.35 in AAPL would get the broader market's attention. Above that level and all is well for the bulls (barring exogenous events). If $217 holds, look for a run to $240 - $250. If $194 ends up being tested, look for a re-test of $230 - speaking strictly from the long side. Apple isn't a broken stock yet, so shorts are risky.

Posted to Peak Analytics' Direction F… on Sep 10, 2018 — 11:09 AM
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Excellent advice these last turbulent months...
Wide stop loss and small at profit taking but that's their style.
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