Apple seeks a bottom to bolster it - Analysis - 06-08-2019

Economies.com
2019-08-06 14:35PM UTC

Apple's stock rose amid attempts to recoup past losses and vent off oversold levels, while seeking a bottom to bolster it higher, as the stock traded alongside the upward medium-term trend line, countered by negative pressure from the 50-day SMA. 

 

Therefore we stand neutral until the stock moves on the 198.39 resistance, and potentially targeting the resistance of 211.70. 

 

Expected trend for today: Bullish 

Stocks Technical Analysis

United States Analysis

Stocks

CVS price climbs cautiously - Forecast today - 28-03-2024
2024-03-28 11:18AM UTC
CVS Health Corporation Stock Analysis CVS Health Corporation’s stock price edged up in the ...
United States Analysis

Stocks

eBay price starts recovering - Forecast today - 28-03-2024
2024-03-28 11:17AM UTC
eBay Stock Analysis eBay’s stock price rose in the intraday levels amid the dominance of the ...
United States Analysis

Stocks

Taiwan Semiconductor price seeks a bottom to boost it higher - 28-03-2024
2024-03-28 11:17AM UTC
Taiwan Semiconductor Stock Analysis Taiwan Semiconductor’s stock price (TSM) fell in the ...