Four short and long term charts on Apple 2014

AAPL 2y Daily with DMI

AAPL Price at the bottom of an uptrend channel near all the time highs, DMI failed to crossver directionals for the bears on June 25 and July 17 bouncing with high ADX, this time we have same set up on DMI and ADX still high meaning a move on direction is coming, a bounce from the bottom of the channel will send price to new highs $105- $115

AAPL Heikin Ashi candles

Apple Heikin Ashi candles inside the trend shows two consecutive red candles without a shadow meaning bears are strong at support channel, another red candle without a shadow monday will switch gears to the downside and next support will be Fibonacci $93.54 - $91.53

AAPL VOLUME PROFILE

Apple volume profile reveal dominant and/or significant price levels based on volume at $94-$94.80 right where price bounced and finished friday August 1st. The next strong levels for Apple are $87.50 and $82.70

AAPL Weekly chart and DMI

AAPL 3y weekly chart shows same DMI set up from April 2012 when price pullback from $644 ($92 now) to $518; notice DMI plus directional was above 35 and ADX heading up above 30 same as now, currently DMI directional still have room to get price to $105- $115 but at those level a 15 to 20% correction to major support $83 can happens to finish the year around $120 - $140

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