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Apple Inc (AAPL) “On a long-term technical basis, the stock (AAPL) is trading above its 200-day moving average which generally implies it is in a positive trend.
The stock has support at 399.82 and 372.38. If the stock breaks down through support at 399.82 then it will probably continue lower to 372.38. The stock will meet resistance at 457.69 and 499.78. If the stock breaks up through resistance at 457.69 then it will probably continue higher to 499.78. The 200-day moving average is at 305.83. This will also act as support. The stock is extremely overbought according to the Stochastic Indicator (86.62).”
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