Apple Inc

Apple Stock Monday Update-Strong Support $112.60

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Team,

Happy Monday, Hope you are killing it today. I wanted to start off the week by following up from our last week. We had several trades bouncing off our $112.60 level. Whether you were buying shares, buying calls, it was raining money. Today we tested the high point of the wedge which I drew in last week. Although the support at $112.60 is very strong, I believe we will trade below it to test a new recent low in the $108.50s-$110 this week before we are off to the races.

Let me know your thoughts. Best of luck!AAPL

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