Babsphoenix

APPLE; CUP AND HANDLE PATTERN

Long
Babsphoenix Updated   
NASDAQ:AAPL   Apple Inc
Apple price has formed a cup and handle pattern on the daily time frame but the handle is still sitting under a daily resistance, leading to a high probability of a correction to retest the demand zone beneath the handle. 1D MA 100 also form an additional support. A break of the resistance is possible.
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