Apple readies to tackle important resistance - Analysis - 26-05-2023

Apple's stock (AAPL) returned higher in the intraday levels amid the dominance of the upward short-term trend, with positive pressure from the 50-day SMA, readying to tackle the important resistance of 176.15, and marking a profit of 0.67% in the last session, or 1.15 points, while settling at 172.99, as the RSI reached oversold levels compared to the stock's movements. 

Therefore we expect the stock to rise and target the historic resistance of 182.95, provided the resistance of 176.15 is breached. 

Expected trend for today: Bullish