Hi Shoppers,

Earnings are out and AAPL has pretty much completed the cup and handle pattern.

Check it out:

Remember the cup and handle formation is bullish.

Once the stock trades over the rim, which will be resistance, it will trade at least the distance of the handle higher or the distance of the entire cup.

In AAPL the low of the cup is $125 the rim comes in at $150. So AAPL should trade $175.

And sure enough it is almost there today, which amazingly coincides with that previous made on August 17th.

Pretty cool, right?

So, $175 is a key resistance level, we will watch what the stock does from there.

Thanks for Reading … See You Next Tuesday,

Licia Leslie