Naked Chart Trading: AAPL 13 Jun 2024
$Apple(AAPL.US$ closed up 7% to a new record high of $207.15 per share on Tuesday, a day after the company announced its long-awaited push into artificial intelligence at its annual developer conference on Monday.
$Apple(AAPL.US$ Weekly Chart
Yes! Weekly chart showed a breakout to form a double bottom bullish pattern. Will this time behave the same as last double bottom breakout in Jun 2023?
Long term trend: Bullish
Short term trend: Breakout from sideway, more to bullish, pending weekly closing to confirm
Fibo Analysis (Jan 2023 low to Jul 2023 high): Testing 123.6% USD215 level, close above USD220 to trigger more upside
Resistance: USD225, USD235, USD245, USD270
Support: USD212 (break below to retest USD200), USD205, USD187
Disclaimer
This content is for reference only and does not constitute any investment advice, and past performance is not indicative of future performance. Returns will vary, and all investments carry risks, including loss of principal. Please make your own investment decisions.
This content is for reference only and does not constitute any investment advice, and past performance is not indicative of future performance. Returns will vary, and all investments carry risks, including loss of principal. Please make your own investment decisions.
Disclaimer: Moomoo Technologies Inc. is providing this content for information and educational use only.
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junclj1223 : Internal news about Apple share price rally is caused by the company shares buyback, not caused by the AI news.