Apple: Moment of Truth

Apple, Daily

In the Daily timeframe, #APPLE has risen again after breaking the trendline. The price is retesting the global trendline at the critical support and MA50. At the same time, DeMarker and Parabolic SAR indicate the possibility of further growth.

• A trendline break above 238.0 will bring #APPLE back to 259.0;

• A bounce off the trendline will drop the price back to 221.0;