Can_EasyMoney_TR

AAPL Stock: Positive Divergence & Key Support

BATS:AAPL   Apple Inc
AAPL (Apple) stock continues to show positive divergence. On the daily chart, if there are no daily closings above the Kaufman Moving Average, the declines may persist. We observe that the orange line serves as a robust support area. If weekly closings occur above the upper band, we can suggest a return to the upward trend. However, if there are closings below the orange line in the 2-day period, a retracement may occur towards the middle band of the lower channel.

WARNING: THIS ANALYSIS IS NOT INVESTMENT ADVICE. CONSIDER YOUR OWN RISK TOLERANCE AND FINANCIAL SITUATION BEFORE MAKING DECISIONS. FUTURE PERFORMANCE IS NOT GUARANTEED; THIS IS MERELY AN OPINION. INVEST PRUDENTLY AND CONDUCT THOROUGH RESEARCH.





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.