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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 implies it is in a positive trend.
The stock has support at 290.37 and 268.00. If the stock breaks down through support at 290.37 then it will probably continue lower to 268.00. The stock will meet resistance at 327.88 and 376.88. If the stock breaks up through resistance at 327.88 then it will probably continue higher to 376.88. The 200-day moving average is at 232.08. This will also act as support. The stock is slightly overbought according to the Stochastic Indicator (68.55).”
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