Since the stock is in an uptrend, AAPL may continue to climb higher. I think the pre market data may suggest that AAPL may gap up to make new highs.
The chart above shows us that AAPL is above its rising 20 MA, 50 MA and 200 MA.
This tells us that the stock is bullish in the short term, mid term and long term.
One can still be bullish on AAPL as long as it stays above the rising daily 20 MA.
Oct 20, 21 11:48 AM
Are the markets in an uptrend or downtrend? Where are the support and resistance areas? Stock market analysis for October 2021.
Oct 19, 21 08:25 PM
A combination of technical setups help to propel AMD higher. When it hit the 200 MA, it bounce up and shot up to $122.
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After correcting to the 50 day moving average, Alcoa was able to find support and rise to $57 in less than two months.
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Technical analysis of Visa stock. A look at its trends and support and resistance.
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Analysis of Bitcoin's chart. Is it in an uptrend or downtrend and where is the support and resistance.