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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 106.86 and 99.96. If the stock breaks down through support at 106.86 then it will probably continue lower to 99.96. The stock will meet resistance at 138.00 and 149.93. If the stock breaks up through resistance at 138.00 then it will probably continue higher to 149.93. The 200-day moving average is at 81.99. This will also act as support. The stock is slightly overbought according to the Stochastic Indicator (69.77).”
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