TTM Squeeze Alert: AAPL Primed for Big Move at $341.27
Apple Inc (AAPL) traded flat at $341.27 on October 13.
Chart analysis reveals a bullish configuration:
Moving Averages
Bullish EMA alignment intact with price above the 9-day at $337.65 and 21-day at $334.43.
Momentum
RSI at 59.1 is neutral but improving. MACD reads 3.79 against its 3.82 signal line (bearish).
Volatility
A 7-day TTM Squeeze suggests volatility is coiled and a breakout may be imminent.
The bullish trend is intact, but fading MACD momentum suggest waiting for a pullback.
Traders are watching $329.27 on the downside and $343.29 on the upside.
