I was not expecting $AAPL to stay this calm today, but it did.
Apple closed at 355.36, up just +0.19% for the day. After making a high of 360.83, it came back down and spent most of the time stuck around 355. That tells me buyers are not in a hurry, but sellers are not strong either.
What I noticed is, it made a low at 355.00 and held above it the whole session. That 355.00 level is now the line to watch. As long as it stays above it, the mood stays neutral to positive.
In my view:
355.00 is the support. If price holds above it, a move back toward 360.83 is possible.
RSI is at 62.14, which is not overbought, it just means buyers still have some room.
Supertrend is at 355.48, so price is sitting just below it, which means I need to see a close back to above it.
I am not chasing it here, I am watching if 355 holds on the next dip.
Are you holding $AAPL right now, or are you waiting for a dip to 355 to buy?
Follow for daily honest market updates.
If this analysis helped you, a small Tip is appreciated đ
#AAPL #Apple #Stocks
Apple closed at 355.36, up just +0.19% for the day. After making a high of 360.83, it came back down and spent most of the time stuck around 355. That tells me buyers are not in a hurry, but sellers are not strong either.
What I noticed is, it made a low at 355.00 and held above it the whole session. That 355.00 level is now the line to watch. As long as it stays above it, the mood stays neutral to positive.
In my view:
355.00 is the support. If price holds above it, a move back toward 360.83 is possible.
RSI is at 62.14, which is not overbought, it just means buyers still have some room.
Supertrend is at 355.48, so price is sitting just below it, which means I need to see a close back to above it.
I am not chasing it here, I am watching if 355 holds on the next dip.
Are you holding $AAPL right now, or are you waiting for a dip to 355 to buy?
Follow for daily honest market updates.
If this analysis helped you, a small Tip is appreciated đ
#AAPL #Apple #Stocks
