Fundamentally, Apple is making a strong return to business, with the consistent opening of stores around the globe and projects for the next product range.
The negative effect of the coronavirus is lagging behind.
From a technical point of view, it remains in an upward trend, and surely breaks that great resistance of 325 created by the fall of the coronavirus.
Although, as I just said, I consider bullish and I think that it will break the resistance, there is always room for small corrections, some dizzying, that can remove the most scary traders from the market, and take some stop loss along the way.
I recommend BUY when the big resistance breaks.
The negative effect of the coronavirus is lagging behind.
From a technical point of view, it remains in an upward trend, and surely breaks that great resistance of 325 created by the fall of the coronavirus.
Although, as I just said, I consider bullish and I think that it will break the resistance, there is always room for small corrections, some dizzying, that can remove the most scary traders from the market, and take some stop loss along the way.
I recommend BUY when the big resistance breaks.