Apple - gunning for last leg of rebound towards 200?

12 Nis

Apple AAPL is in the up leg of phase B of the distribution mode. There would be a potential last leg of upside targeting 200 resistance before a selling. Yesterday strong buying pressure saw return of the bullish buyers.

Also, you may watch out for S165.00 support as a strong potential rebound.

7 May

Not

165 support is well supported. Also almost reaching my first target at 187.89. But given the strong bearish bar, will consider exiting the position for some profits.