$AAPL has been trading around the 297 mark. It seems to be consolidating after its recent run. Volume is a bit muted. I'm looking for a clear break above 300 with conviction to consider a new long position, or a test of the 290 support for a potential bounce. Anyone watching specific levels or indicators for $AAPL?
Seems like the market is just waiting for the next big catalyst for AAPL. Earnings are still a ways off, so it could just chop around here for a bit longer.
I'm with you on the 300 break for a long. The muted volume is a bit concerning for a strong move, though. Any thoughts on what's holding it back?
I'm actually looking at the 295 level as a potential pivot. If it can't hold that, we might see 290 faster than anticipated. RSI is also looking a bit overextended from the last run.