Apple have consistently bounced off the 50 day moving average every time it has been met in 2009 and 2013, and I don't see any reason why it shouldn't bounce off it now.
Coupled with this, the price has just hit a solid piece of previous structural resistance, as indicated by the black line.
Could this be a potentially rewarding investment?
Coupled with this, the price has just hit a solid piece of previous structural resistance, as indicated by the black line.
Could this be a potentially rewarding investment?
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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.