Apple at 480. Is it possible?
AAPL correction is a relief considering sky rocketed levels few weeks ago. On weekly chart the support is the area between 450-450$. It is formed by cross of tree technical indicators – 50 day moving average, parallel channel support line and 61.8% Fibo retracement. Mentioned support is the extremely bearish scenario for AAPL shares.
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Disclaimer
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.