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Apple stock analysis: Important info. to keep in mind

The price chart for Apple Inc. (AAPL) is presented in this analysis on a 6 hour time frame.

Apple analysis, AAPL analysis

Price action on November 20, 2018 closed below the long term bullish trendline in Apple that had been established since June 27, 2016. Current scenario presents the opportunity to use even more advanced strategies and techniques (available to members here) in order to be ready for the upcoming move in Apple.

Support as drawn on the chart for Apple is between 160.62 and 149.93. Price closing below 149.93 indicates trouble ahead for Apple, while price recovering and closing above the bullish trend line does indicate the possibility for more bullish upside in Apple.

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Interested in SPX analysis (S&P 500)? Check out our previous work here. Moreover,  Litecoin analysis (LTCUSD) can be found here.

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