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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.
Mar 31, 20 07:15 AM
The Coronavirus or Covid 19 had certainly impacted the US market this past week. What's next for the stock market?
Mar 31, 20 07:05 AM
With the political uncertainty plaguing the nation, there is quite a lot of uncertainty. What about the KLCI?
Feb 28, 20 07:58 AM
My analysis of the US stock market for the month of February. Updated almost daily.
Feb 28, 20 07:53 AM
Here is the analysis for the Malaysian stock market for the month of February 2020. Updated almost daily.
Feb 21, 20 08:11 AM
Technical outlook for Frontken's stock price and stock chart.