Hello everyone , as we all know the market action discounts everything :)
2 weeks ago i posted a video on Tradingview talking about the price movement for the Apple inc. stock
and now we see the market moving just like i predicted that its gonna move, the price moved up from the range of 132 to the 143 area in less then 2 weeks , i used different indicators that was provided on Tradingview to analyze the market price .
lets see how the market is doing right now and apply indicators to try to understand the movement of the Apple stock and see how its most likely to move in the next few weeks, the Market price seems to be moving in an ascended triangle and indicators telling us :
1_ price of the stock is trending above the Moving average (bullish sign)
2_RSI sitting at 69.71 showing great movement and almost reaching overbought area
3_MACD creating a bullish divergence on the 28/jun
4_Stochastic Oscillator both lines are in overbought area where %K reaching 98.59 and %D at 92.22 creating a buy signal for us ( i talked about the Stochasitc oscillator and explained how to use it in a video i posted on Tradingview
the Apple stock in a very good bullish uptrend with no signs of a reversal yet, with all the indicators and patterns showing us the bullish movement of the stock .
Fundamental analysis :
Apple shares closed today up 1.8% to $144.57, above January's record closing price of $143.16.
Apple (NASDAQ:AAPL) shares are currently up 1.4% to $144.07, continuing a seven-day winning streak and inching closer to the $145.09 record intraday high the stock reached in January.
If Apple reaches a new high, it's in good Big Tech company. Yesterday, shares of Amazon and Microsoft closed at new records after the Pentagon cancelled the JEDI cloud contract awarded to Microsoft and announced plans for a new, multi-vendor contract.
The Wall Street Journal named Apple among the potential buyers for Reese Witherspoon's Hello Sunshine, which is exploring its options that include a $1B sale.
Make sure to Follow and Like for more content
This is my personal opinion and not financial advice.
If you have any questions please ask
Thank you for reading.
2 weeks ago i posted a video on Tradingview talking about the price movement for the Apple inc. stock
and now we see the market moving just like i predicted that its gonna move, the price moved up from the range of 132 to the 143 area in less then 2 weeks , i used different indicators that was provided on Tradingview to analyze the market price .
lets see how the market is doing right now and apply indicators to try to understand the movement of the Apple stock and see how its most likely to move in the next few weeks, the Market price seems to be moving in an ascended triangle and indicators telling us :
1_ price of the stock is trending above the Moving average (bullish sign)
2_RSI sitting at 69.71 showing great movement and almost reaching overbought area
3_MACD creating a bullish divergence on the 28/jun
4_Stochastic Oscillator both lines are in overbought area where %K reaching 98.59 and %D at 92.22 creating a buy signal for us ( i talked about the Stochasitc oscillator and explained how to use it in a video i posted on Tradingview
the Apple stock in a very good bullish uptrend with no signs of a reversal yet, with all the indicators and patterns showing us the bullish movement of the stock .
Fundamental analysis :
Apple shares closed today up 1.8% to $144.57, above January's record closing price of $143.16.
Apple (NASDAQ:AAPL) shares are currently up 1.4% to $144.07, continuing a seven-day winning streak and inching closer to the $145.09 record intraday high the stock reached in January.
If Apple reaches a new high, it's in good Big Tech company. Yesterday, shares of Amazon and Microsoft closed at new records after the Pentagon cancelled the JEDI cloud contract awarded to Microsoft and announced plans for a new, multi-vendor contract.
The Wall Street Journal named Apple among the potential buyers for Reese Witherspoon's Hello Sunshine, which is exploring its options that include a $1B sale.
Make sure to Follow and Like for more content
This is my personal opinion and not financial advice.
If you have any questions please ask
Thank you for reading.