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.
May 05, 22 10:24 AM
What is the market doing and what is it likely to do?
Apr 27, 22 09:01 AM
As we enter April, will we continue to move higher or will there be a correction coming?
Apr 13, 22 11:46 PM
Apple is one of those stocks that we should look at almost every day. The reasons is because it is a component of the Dow Jones, the S&P 500 and the Nasdaq.
Apr 12, 22 09:38 AM
Here are a list of stocks that are at their 50 MA and 200 MA. The 50 day moving average and 200 day moving average can be a support area where stocks bounce off
Apr 12, 22 09:34 AM
Here are a list of stocks that have broke out or about to break out. Breakout stocks can often give us a good reward to risk ratio.