Apple Inc
Long
Updated

Apple Inc.

504
Apple is in a major uptrend, as it witnessed a strong rebound after forming a higher low at 206.60, to close below the last peak at 220.20, which is the level that needs to be violated, to confirm the uptrend, which will trigger further rises near 223.90 - 230.80 - 237.50 - 241.76.

The stop-loss lies below 206.60.

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Note
Apple fared best among stocks on the Dow Jones Industrial Average, turning in a gain of nearly 1%. The stock is now extended to test the last peak 220.20$, as mentioned.

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