AAPL clearer picture towards the upside

25 Eyl 2019

With apple's latest release of the iPhone 11 as well as current market structure, we are expecting to see a Apple hit the support region to then bounce back and reach reach the high it has set earlier on the year, this is a multiday and even weeks trade, however when using these smaller time frames it allows ease of understanding current short term structure and allow entry and exit points for those trading options. It is also important to note that this year's iPhone sales are expected to be quite strong compared to last years which will lead to an increase in the price of the Apple stock. There may be certain scenarios that may also play out such as President's trump possible impeachment or at least inquiries which may increase market volatility and may break structure if any further developments happen so be wary of these events and trade with caution.