$AAPL managed to make a new All Time HIgh this week on a very bullish week for the market and all caps.
But finished the week just below this $198 line.
I would be surprised if this line offered no resistance to be honest.
Price action needs to flip this level to support first in order to satisfy that the strong resistance level is not a threat anymore.
Remember what happens with $AAPL will likely happen with the market.
Still no meaningful pull back here but our Wave 5 target remains the same at $220.
Ilia$
2023-12-17 18:25:42 +0000 UTC