d.vezeris

Apple Inc Weekly (23) Chart Technical Analysis

Long
NASDAQ:AAPL   Apple Inc
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1
The Apple ( AAPL ) weekly chart shows the following signs:

The Price of AAPL continued the Long movement with a new green candlestick over the Tenkan Sen and still is bullish (like I mentioned last week too). The MACD is on bullish sign and the RSI too. The Stock is over the EMA200, the KUMO Cloud and the Tenkan-sen is over the Kijun-sen like last week.

I expect that the stock will continue the bullish movement until the first resistance at $679. The last long movement of the stock was from $387 to $567 giving a 1,618 fibonacci projection to $679 for a first target. See the linked related ideas for more info.

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