d.vezeris
Long

Apple Inc WEEKLY (21) CHART TECHNICAL ANALYSIS

NASDAQ:AAPL   APPLE INC
143 0 0
The Apple             ( AAPL             ) weekly chart shows the following signs:

The Price of AAPL             made a Long movement with a green candlestick before a month, at last earnings announcement. over the Tenkan Sen and gave a bullish signal. 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.

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.
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