>>> Join us to access robo analyses for over 16,000+ stocks! <<<
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. However, the stock has recently broken down through an important fibonacci fan trendline at 117.50 suggesting the next support level is at 115.87. This weakness suggests the long-term uptrend is turning neutral.
The stock has support at 115.87 and 105.18. If the stock breaks down through support at 115.87 then it will probably continue lower to 105.18. The stock will meet resistance at 117.50 and 137.98. If the stock breaks up through resistance at 117.50 then it will probably continue higher to 137.98. ”
>>> Join us to access robo analyses for over 16,000+ stocks! <<<