Apple (AAPL): Testing Key Support—What’s Next? NASDAQ:AAPL
🔥 LucanInvestor’s Commands:
🩸 Resistance: $246.00. A breakout targets $250 and $256, signaling potential recovery.
🩸 Support: $243.00. A breakdown exposes $240 and $235 as critical levels for correction.
🔥 LucanInvestor’s Strategy:
🩸 Long: Above $246.00, aiming for $250 and $256. Look for increased volume to sustain momentum.
🩸 Short: Below $243.00, targeting $240 and $235. Bears could take control if the price breaks this level.
🩸 Apple’s MACD is showing bearish momentum, but the stock remains above its 200 EMA, suggesting a possible rebound. Traders should watch for volume confirmation at these levels to determine the next direction. Year-to-date performance remains slightly negative (-2.24%), but the stock has room to recover if resistance is broken.
👑 "Success lies in identifying the turning points—prepare for both opportunities and risks." — LucanInvestor