Apple's uptrend started in September 11th 2019 with a bullish breakout candle. Since then, Apple's stock price increased by 112 USD (51.92%).
We reached our All TIme High on Jan 29th 2020. Upon reaching the All Time Highs, we consolidated in a price range between 328 USD and 303 USD.
February 24th surprised many traders and investors with a gap below the support at 303 USD. Since then, the sentiment shifted to a bearish one.
Our target for short trades is 268 USD and even 215 USD.
From the technical view, price is now below our moving averages and our MACD indicator implies strong bearish trend.
We reached our All TIme High on Jan 29th 2020. Upon reaching the All Time Highs, we consolidated in a price range between 328 USD and 303 USD.
February 24th surprised many traders and investors with a gap below the support at 303 USD. Since then, the sentiment shifted to a bearish one.
Our target for short trades is 268 USD and even 215 USD.
From the technical view, price is now below our moving averages and our MACD indicator implies strong bearish trend.