Rotuma

Apple: Is it a buy, or we still to see further moves to the down

NASDAQ:AAPL   Apple Inc


Apple shares have reached the bottom of the price channel in the daily chart at 116.60 from a reversal at 143 and still to finds its way back up. The recent bounce from 116.60 failed to hold at 124.60 resulted in a drop to 120.60 support line. We might see a retest of 116.60 support line if it fails to get back above 120.60.

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.