
Apple: ⬆️ Buy
– Apple broke pivotal resistance level 317.00
– Likely to rise to resistance level 340.00
Apple recently broke the pivotal resistance level 317.00, which stopped the previous sharp impulse wave 1 at the start of June, as can be seen below.
The breakout of the resistance level 317.00 accelerated the impulse wave (3) from March – which then broke the daily up channel from March.
Given the overriding daily uptrend, Apple can be expected to rise to the next resistance level 340.00 (target for the completion of the active impulse wave (3)).