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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 108.75 and 99.96. If the stock breaks down through support at 108.75 then it will probably continue lower to 99.96. The stock will meet resistance at 137.98 and 155.23. If the stock breaks up through resistance at 137.98 then it will probably continue higher to 155.23. The 200-day moving average is at 82.96. This will also act as support. The stock is slightly oversold according to the Stochastic Indicator (28.70).”
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