Apple Stock W-Pattern: Another Bullish Entry on the Horizon

Dec 28, 2024

Over the past few weeks, we’ve repeatedly seen the same W pattern forming in Apple’s stock. I believe the stock is still in an uptrend, and the next good entry point could be during the downswing of the second leg. I’m planning to open a long position.

Whether I’ll close this position at around $260 as a day trade or decide to hold it longer is something I’ll let you know soon. What’s your take on this? Let me know!

Stay tuned, and I’ll catch you in the next one — peace!