Apple resumes decline - Analysis - 12-12-2018

Economies.com
2018-12-12 12:05PM UTC

Apple's stock returned lower in the intraday levels amid the dominance of the downward wave in the short term, marking a final loss of 0.97%, or 0.57 points, with negative signals from the RSI, coupled with negative pressure from the 50-day SMA. 

 

Therefore we expect more losses for the stock, as long as the resistance of 180.10 holds on, targeting the support of 160.63. 

 

Expected trend for today: Bearish 

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