AAPL – Apple, Inc.


Context Technical Analysis

Since mid April, AAPL is moving in a bullish trend, above the blue line. In, fact in this period, the price moved in a strong bullish channel between its 10-day moving average and the upper Bollinger Band

The price is currently trending above its rising 10- 20- and 50-day moving averages.

Finally, the price broke above an important resistance line, the orange line. .

Relative Strength

The Relative Strength of AAPL has dropped in the last sessions, but has turned up again..


Higher Time Frame

From AAPL's weekly chart below, we can see:

· The price of AAPL is moving up and above its 10- 20 and 50-week moving average

· AAPL broke above the resistance line – the orange line

· From the Relative Strength chart, we can see that AAPL outperforms for about a year.

Money Management Guidelines

Suggested Buy: 332
Suggested Sell: 312
Suggested Trade Size: 50

Our Money Management Guidelines are based on the assumption that our capital is USD 100000 and we allow a 1% loss of capital per trade.

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