$AAPL is consolidating at the moment above the 50 Day MA but below its ATH line at $237, I suspect it is waiting for the Tech market to catch up, i.e. $NVDA to breakout of its Wedge.
Like I said under the $NVDA chart, a breakout above $126 and I expect the $QQQ to move higher and very little would stop $AAPL testings its ATH line again.
A breakout and hold above $137 and we are into a possible melt up scenario move higher.
JZ
2024-10-06 11:41:42 +0000 UTCJZ
2024-10-06 11:34:08 +0000 UTC