ChartArt

Apple - Short-term long idea

NASDAQ:AAPL   APPLE INC
73 0 1
I see a retest of the last peak around 97 US Dollar             . At that point the stock either breaks the all-time-high of the year 2012 and resumes the uptrend and goes above 100 US Dollar             or starts a large downtrend, because Apple             is facing the risk of a double top in the monthly charts. Until then I expect everyone to bet for the price to go up again, because of the symbolic round 100 US Dollar             price coming closer.


The key for the uptrend to establish itself is that it has to hold the 94.00 US Dollar             area. I would use a stop loss below 93.00.

Related Ideas

Ideas Scripts Chart
United States
United Kingdom
India
España
Italia
Brasil
Россия
Türkiye
日本
한국
Home Stock Screener Economic Calendar How It Works Chart Features House Rules Moderators For the WEB Widgets Stock Charting Library Priority Support Feature Request Blog & News FAQ Help & Wiki Twitter
Private Messages Chat Ideas Published Followers Following Priority Support Public Profile Profile Settings Billing Sign Out