Economies.com provides the latest technical analysis and forecast of the american stocks, in order to keep track of the trend of the US stocks.
Apple's stock (AAPL) fell in the intraday levels, as traders collect recent short-term profits, while the stock gathers momentum to help it rise anew and tackle the pivotal resistance of 180.10, amid the dominance of the main upward short-term trend, with positive pressure from the 50-day SMA.
Therefore we expect the stock to return higher, especially if the resistance of 180.10 was breached, targeting the next one at 188.09.