Market Analysis for Jun 15th, 2021

AAPL waking up from its multi-month slumber...keep tabs on next rotation to outperform/breakout.  Similar to the other 6 bullish setups on weekly+monthly timeframes and NVDA before the breakout acceleration. Do some homework if you haven't already.

AAPL price getting coiled/firmed up, ready for range expansion eventually. Current thoughts: targets150-160 next, multi-week timeframe. It ain't immediate ready if falls below 120-115 zone.

AAPL JUNE15_MONTHLY
AAPL JUNE15_MONTHLY
AAPL JUNE15_DAILY
AAPL JUNE15_DAILY
Ricky Wen is an analyst at ElliottWaveTrader.net, where he writes a nightly market column and hosts the ES Trade Alerts premium subscription service.