maxtradingchannel

$AAPL analysis on 10/2/2021

maxtradingchannel Updated   
NASDAQ:AAPL   Apple Inc
AAPL
APPLE (Ticker: AAPL) being one of the biggest market capitalizations around the world, has always been the spotlight of investors. The fundamentals of APPLE are always outstanding, and the latest revenue exceeded investors expectations but instead the price retrace 8% after the announcement of 3rd quarter financial report.

The price of APPLE had not break below the uptrend line therefore the price might still have a chance to go higher. However, if the price break below the uptrend line, there might be a chance that the price will find support around 126.

Support: 130, 125

Resistance: 138, 144, 150

Trade closed: stop reached:
The price has break below the uptrend therefore will wait for another retest of the next support. If price manage to find support at 122, will start to buy in again.

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