SRPP New Idea: AAPL

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Power Plays New Idea: AAPL

May 8, 2023

By Scott Redler

Name: Apple

Ticker: AAPL

Price: $173.57

Needs to Hold: $160-$169

Price Objective 1: $183 to $192

Price Objective 2: N/A

Apple (AAPL) had a surprisingly strong earnings report and it has the best weekly macro chart pattern of the big tech stocks.

And it looks like it's going to lead the market from here with nice upside potential.

This stock has to stay above the $160 to $169 area, which is the real danger zone.

But it looks ready to take out the prior all-time high of $183 to exceed the $190 area.

So it's our newest Power Play.

Stay tuned for more updates.

-Scott

Scott Redler Positions Disclosure as of 2023-04-26 at 10.08.02 AM

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