AAPL – Apple, Inc.

DAILY CHART



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..

WEEKLY CHART


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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