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 fell 0.42% in the last session, or 0.71 points, with negative signals from the RSI, while the stock gathers momentum to help it rise anew, amid the dominance of the upward correctional wave in the short term, with positive support from the 50-day SMA.
Therefore we expect the stock to return higher, as long as it settles above 163.75, targeting the resistance of 180.10.
Expected trend for today: Likely Bullish