Apple bullish breakout.

On the daily, Apple has broken out of the flag (or whatever the pattern indicated by blue lines is), and could reach the red resistence level of 189 and either pullback to the breakout point to continue it's move, or just straight surpass it.

This is following a retracement from the previous bullish rally as shown in the 2nd image.

However currently I'm not rlly bullish on the previous earning reports so I'm not sure how long this bullish move will last for.

Alternatively, price could fail to surpass the red resistence level but we'll have to wait and see.

Disclaimer of self-interest:

I only own apple shares from or for promotions, this post was made 100% from personal technical analysis and should be accompanied with your own research and perspectives before making an investment decision.