Apple stock analysis: Daily timeframe
The price chart for Apple Inc. (AAPL) is presented in this analysis on a 6 hour timeframe. Price action on November 20, 2018 closed below the long term bullish trendline in Apple that had been established since June 27, 2016.
Support as drawn on the chart for Apple is between 160.62 and 149.93.
Price closing below 149.93 indicates trouble ahead for Apple, while price recovering and closing above the bullish trendline does indicate the possibility for more bullish upside in Apple.
Support as drawn on the chart for Apple is between 160.62 and 149.93.
Price closing below 149.93 indicates trouble ahead for Apple, while price recovering and closing above the bullish trendline does indicate the possibility for more bullish upside in Apple.
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