Thursday, September 29, 2016

Apple Inc. Trapped In Trendlines

Apple Inc. (NASDAQ:AAPL) which is the highly popular maker of various devices and gadgets such as the iPhone and iPad, has just announced that it will be hosting a media day on September 9. It is expected that they will announce the release of the new iPhone 6. When I look at the chart of Apple Inc. (NASDAQ:AAPL) I see that stock has been trending upward in a channel. Every time the stock hits the higher end it sells off, and when it touches the lower end it gets a bounce. Right now we are at the lower end of the channel and finding support. However, if this stock fails to hold this support it is headed straight to $93 and then $89.75 level. Be long with caution here.

Parm Mann

[[T_F]]Data Leak Prevention – Data Security Solutions – Information Theft Protection, Detection and Prevention Software Productstracefusion_signature=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[[T_F]]

More on this topic (What's this?)
Recent Buy: Apple Inc
Read more on Apple at Wikinvest

| More

Random Posts

Leave a Reply

Back to Top

Social Media Profiles



The New York Times logo CNN logo ABC logo CNBC logo