Apple Short Term Update

Von WorldEconomics
Aktualisiert
[Update for Apple]

It looks like we may see a rally this week. The markets are oversold and we may see a few more days perhaps week of rallying. MACD for the 1D is showing that Apple could move higher. Unfortunately, the MACD on the 1M continues to edge closer to crossing, so the possible rally will be short lived.

Targets
- $168
- $172
-$ 176

If we can not break resistance of $166, we should follow the dotted yellow line back under $160.
Trade geschlossen: Ziel wurde erreicht
Next target will be $182. We could see a double-top before we head into the awaited bear market.
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