Surely, it has been a roguh ride for the Apple stock but things start to look rosy. Our primary expectation centres around a continued lift-off, so that the support at $133.20 will be further left behind. The most important step will, however, be to overcome the red zone between $159.74 - $171.30, as the bears have a 40% chance to pull the price to new lows from there.
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.