$AAPL back at severe 6 month resistance
Apple seems to be running with Nasdaq or vice versa.
But the cusp is
AAPL does not have a strong seller support if 156.45 is broken and held on the daily. making 165 as the next stop within next month
It has clearly bounced between the white and yellow lines with buyer support pushing it above both of them.
What remains to be seen is how any market-moving news that the company announces from now for the month of March drives institutional and retail optimism
But the cusp is
AAPL does not have a strong seller support if 156.45 is broken and held on the daily. making 165 as the next stop within next monthIt has clearly bounced between the white and yellow lines with buyer support pushing it above both of them.
What remains to be seen is how any market-moving news that the company announces from now for the month of March drives institutional and retail optimism
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.