Apple - Still Outperforming Everything!

28 ago

Apple (AAPL) is stronger than 99% of stocks:



Click chart above to see the detailed analysis👆🏻

Despite the recent stock market weakness, Apple is trading at new all time highs. This clearly indicates that buyers don't let this stock down but are rather buying every dip. Even though Apple is retesting a channel resistance, a breakout followed by a rally is definitely possible.

Levels to watch: $230, $280

Keep your long term vision,
Philip (BasicTrading)

4 set

Trade attivo

Trading update on Apple (AAPL):



Click chart above to see the detailed analysis👆🏻

Apple still did not break above the resistance of the rising channel so a potential move lower is actually not unlikely. Price action over the next couple of days is very important since it will most likely dictate the behaviour of Apple over the next couple of weeks.

Levels to watch: $230, $200, $170

Keep your long term vision,
Philip (BasicTrading)