Apple has been in a brief declining trend from late March to late June. Here comes a break up at price 138. The stock passed SMA50, SMA100, SMA200 and pivot line at 150. Breaks are supported by large volume at price top. On Volume Balance OVB is ascending in the last 22 days. The total volume on days with an increase is greater than on days of decline. Note now we are in for a period of less trading on the stock market, but Apple is a big stock.
RSI 21 heading for 65+.
Oscillators and MA stand on buy from one day to a month.
Consider the stock technically positive medium long time.
The average price target from 44 analysts is 182.51 with a spread from 136 to 214.
Take it with a spruce of salt and make your own assessment.
Disclaimer I have a position in the stock.
Remember you need do your own research and assessment before buying and selling.
Sources: Trading View and Yahoo Finance.
RSI 21 heading for 65+.
Oscillators and MA stand on buy from one day to a month.
Consider the stock technically positive medium long time.
The average price target from 44 analysts is 182.51 with a spread from 136 to 214.
Take it with a spruce of salt and make your own assessment.
Disclaimer I have a position in the stock.
Remember you need do your own research and assessment before buying and selling.
Sources: Trading View and Yahoo Finance.