Good week for $AAPL after bouncing on the 0.618 Fib and 200 Day MA and up from $178 to $190 this week.
Just stopped by the 50 Day MA this week and we can see that the 200 Day MA is coming up to meet this level now at $190, so this will start to get very tight and may squeeze and I suspect to the upside.
The blue ATH line is acting like a magnet now for $AAPL and $AMZN and I suspect this will be tested soon at $198.
Wave 5 target remains at $233.
Atish Shinde
2024-02-14 19:03:43 +0000 UTC