After a couple of weeks of decline, the Apple Inc. stock is perfectly positioned to start its comeback and strive for a new all-time high. If the price remains above $125.39, we expect the price to rocket past $137.94 at a probability of 65%. So, an Apple (stock) these days might just keep the (financial) doctor away. However, there is a chance of 35% that we see the share price further decline below $107.33, but currently, we are too far away from these kinds of rotten apples that would need us to consult more than one doctor, if eaten.
Stay healthy, stay trading! 🍎
Stay healthy, stay trading! 🍎
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📊 Free daily market insights combining macro + Elliott Wave analysis
🚀 Spot trends early with momentum, sentiment & price structure
🌐 Join thousands trading smarter - full free analyses at dailymarketupdate.com
🚀 Spot trends early with momentum, sentiment & price structure
🌐 Join thousands trading smarter - full free analyses at dailymarketupdate.com
Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.