The Long Investor
patreon
$AAPL TOP 20
🕑 Added 2025-04-13 17:32:25 +0000 UTCI think the theme of today will be to plan for the worst case scenario and if there is no Wave B rejection then we simply hold.
And that is relevant with $AAPL too.
$AAPL has bounced out of the being below the 200 WMA this week with ease and finished the week right at the blue resistance line, which was the same resistance level as the 2023 high.
I believe after a number of items have been exempt from the Tariff War with China then this should allow the share price to continue moving up to Wave B range for a test, with the 50 WMA at $220 being the target.
Remember all waves have at least 3 waves in them and so far this is only one, so there will still be a lot of movement and volatility as long as tariff news continues to filter through.
It is worth noting that a lot of charts shared today have not changed for some time, in spite of the large amount of volatility in the market.
Comments
JZ
A staple in any/every portfolio!
