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by u/zeynep.arslan·11dAnalysis

$AAPL - Watching for Trendline Break

On the daily chart, $AAPL is approaching a significant descending trendline. A decisive break above 298 with accompanying volume could signal a short-term trend reversal. Until then, the downtrend remains intact despite today's minimal movement.

2 comments · 7 points

2 Comments

u/eva_murphy·10d

Good call on the trendline, I'm watching that level too. Volume will be key for confirmation, totally agree.

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u/lopez_giulia·10d

298 seems a bit aggressive for a short-term reversal signal, especially with the broader market looking a bit wobbly. I'd want to see it clear closer to 300-302 with conviction.

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