🔸Time to update the AAPL outlook, this is 2D price chart, we are
currently entering overpriced zone and limited upside in AAPL
going forward.
🔸AAPL price action is contained within rising bullish price channel
established since 2021. Havin said that we've entered premium / overprice
zone and I'm expecting limited upside going forward over the next few
month. Risk/reward is favoring a pullback/correction before a healthy
uptrend can resume in 2025.
🔸Recommended strategy bulls: expecting pullback/correction to start
in Q1 2025, 20/25% pullback is normal and therefore we may hit
170/180 USD in the correction stage of the bull market in AAPL. Bulls
should wait for better prices / reload zone near 170/180. TP BULLS
is 260/280 USD. this is obviously a setup for patient traders, do not
expect overnight gains in this market. good luck!
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