Is AAPL Negatively Traversing its Dominant Dec. - Apr. Bullish Price Channel (like GOOG)?

AAPL reports earning after the close. So far today, it is under a bit of pressure, down 1.9% as it probes nearest term support at 202.00, which if violated and sustained, will leave AAPL vulnerable to downside continuation to test much more important support lodged from 196 to 193. The lower target zone will represent a challenge of the lower boundary line of the bullish price channel carved out off of the 1/03/19 low at 142.00, and as such, likely will be the location of significant stop-loss selling.

Otherwise, in the absence of a challenge of the lower channel boundary zone, AAPL's dominant Dec.- Apr. uptrend will remain intact, and imply upside potential towards 215 next. Last is 200.80/84

4 30 19 AAPL 10 GIF
4 30 19 AAPL 10 GIF

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