$AAPL Chart Analysis & Trade Idea

$AAPL – looks like a cup and handle setting up – or if you’re a wyckoff guy, we’re at BU/LPS

• daily – possible low formed off Friday’s huge volume spike
• 2Hr – 212.58 key level where price pulled back after tapping 214.8 as its HOD
• 213.9 volume shelf/point of control – would like price to break through here for long entry, on the retest. Price could consolidate here a bit, so ill be taking this on the retest vs breakout of the shelf/POC
• BH 213.9 long targeting 215.9, 217.5, 218
• lose 211.58 short to 210.4, 209.5

https://preview.redd.it/h50gbl2ag19d1.png?width=1438&format=png&auto=webp&s=b7f105047d7d5570178ed5043406d6add2e17a22

clear rounded bottom with todays price action mounting 212.58, a key level of support

POC (point of control) matches volume shelf at 213.9

https://preview.redd.it/sxkal8rzg19d1.png?width=1758&format=png&auto=webp&s=347bd2d3977dbe6aa5a3769d534a2de11ca0ec0f

Id like to see price consolidate, then break the volume shelf at 213.9, and enter long ON THE RETEST so we have confirmation it’s not a bull trap.