AAPL 4 hour 12

One that I am not taking my eyes off is the AAPL long trade, which recently hit the first target (downtrend line) and as expected, pulled back and has consolidated under that level since.  These type of consolidations at resistance are typically bullish as they allow the stock to work off the near-term overbought conditions which helps allow for a more sustained move higher if the stock is able to take out the resistance level.  For those in the trade or looking to add-on or re-enter a position recently closed at T1, keep a close eye on the stock as it just started moving higher on strong volume and might be ready to take out that downtrend line soon, which would sharply increase the odds of the next target being hit (additional targets may be added to this trade).  Updated 4 hour chart.