AAPL is moving towards a resistance line which it has tested numerous times in the past. We have seen it retrace from this line before, so at this stage it isn’t clear whether it will breach this line or rebound as it did before. If AAPL continues in its current trajectory, we could see it reach 254.5219 within the next 11 hours.
AAPL is quickly approaching the resistance line of a Channel Up. We expect either a breakout through this line or a rebound.
