Apple Friday Market Open

Reaching a high-level of resistance, waiting for market open at Friday morning.

If the level of resistance is broken with a new opening high, go long for sure. Even though, there was a false breakout of the resistance level. If the opening breaks below the current level, the trend might be exhausted.

Also, the earnings news expectation might be optimism and positive for apple, due to COVID-19 demand of products due to the WFH necessity. Also, the new incorporation of the 5G technology in the market.

AAPL

Chart PatternsTechnical IndicatorsTrend Analysis

Disclaimer