Market Analysis for Jun 15th, 2021

Jun 15, 2021 - 9:57 AM EDT

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_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.

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