AAPL 117.48 – neutral – Consolidates near support zone
AAPL 117.48 – neutral – Consolidates near support zone
AAPL pulled back off its 123.82 3.5-month high (November 4, 2015) near the 200 day moving average (currently at 122.09). The 115.50 level (50% of the 107.31/123.82 upleg) then 113.99 (October 27, 2015 higher low) should provide support. Bulls need to reclaim 122.09/123.82 area to resume strength for higher.
Outlook:
Daily: neutral
Weekly: neutral
AAPL pulled back off its 123.82 3.5-month high (November 4, 2015) near the 200 day moving average (currently at 122.09). The 115.50 level (50% of the 107.31/123.82 upleg) then 113.99 (October 27, 2015 higher low) should provide support. Bulls need to reclaim 122.09/123.82 area to resume strength for higher.
Outlook:
Daily: neutral
Weekly: neutral
Related publications
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.
Related publications
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.