Apple find support after Stock Split
Updated
Since the Pandemic stock market fall in March, Apple has been on a steady bullish trend and had a sudden rise just before it's planned Stock Split on 09/04/2020.
After the split, AAPL has had a correction dropping down for several days, but it seems like it has finally found the support line it has been riding since March.
Target Prediction: $130 before the next Earning Report on Oct 30th, 2020
Note: Since the split, Apple has become the stock with the most volume trading in the last week, with almost as twice the volume as GE or F, which had been two of the most consistent stock with highest trading volume.
After the split, AAPL has had a correction dropping down for several days, but it seems like it has finally found the support line it has been riding since March.
Target Prediction: $130 before the next Earning Report on Oct 30th, 2020
Note: Since the split, Apple has become the stock with the most volume trading in the last week, with almost as twice the volume as GE or F, which had been two of the most consistent stock with highest trading volume.
Note
My prediction last night was for APPL to find resistance today (09/11) at $113, but it continued to drop to a low of $110.With 1.5 hrs before the market closes, the stock is at $112, so let's see what is the closing price for the day.
Note
Closing price $112Note
Friday 9/11 low: $110.03Monday 9/14 Low: $112.81
So far, the support (trend) line has worked for at least 2 days now.
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