AAPL Long $248 PT
Parallel channel + horizontal support/resistance pattern.
Similar look to price movement - initial channel is more exaggerated, but the general pattern of the price movement is the same.
Arrows denote price expansion after breaking out of the channels for the third time each.
$248 price target based on replicated price movement.
Apple fundamentals support this.
My article on Apple's buybacks, R&D, and stock price:
https://wire.insiderfinance.io/lets-talk-about-apple-s-buybacks-e6d2123a0425
Similar look to price movement - initial channel is more exaggerated, but the general pattern of the price movement is the same.
Arrows denote price expansion after breaking out of the channels for the third time each.
$248 price target based on replicated price movement.
Apple fundamentals support this.
My article on Apple's buybacks, R&D, and stock price:
https://wire.insiderfinance.io/lets-talk-about-apple-s-buybacks-e6d2123a0425
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