pool adsApple $AAPL is Strong on a Near Term and Midterm Basis, Shown in Charts and Graphs
Apple (NASDAQ: AAPL) is Strong on a Near Term and Midterm Basis, as Shown in the Charts and Graphs below.
Technical Summary
| Term → | Near | Mid | Long |
|---|---|---|---|
| Rating | Strong | Strong | Neutral |
| P1 | 187.20 | 170.18 | 166.20 |
| P2 | 189.95 | 185.80 | 182.22 |
| P3 | 192.53 | 200.15 | 196.92 |
Support and Resistance Plot Chart for AAPL
Long Term Trading Plans for AAPL
June 5, 2018, 8:49 am ET
The technical Summary and associated Trading Plans for AAPL listed below will help you make important timing decisions for your trades. This data is based on our proprietary analysis for AAPL. In addition we offer Market Timing Models and Stock Filters in the links above which may increase the proficiency of the decisions you make.
AAPL - (Long) Support Plan
Buy over 182.22 target 196.92 stop loss @ 181.96.
The technical summary data tells us to buy AAPL near 182.22 with an upside target of 196.92. This data also tells us to set a stop loss @ 181.96 to protect against excessive loss in case the stock begins to move against the trade. 182.22 is the first level of support below 191.805 , and by rule, any test of support is a buy signal. In this case, support 182.22 is being tested, a buy signal would exist.
AAPL - (Short) Resistance Plan
Short under 196.92 target 182.22 stop loss @ 197.18
The technical summary data is suggesting a short of AAPL as it gets near 196.92 with a downside target of 182.22. We should have a stop loss in place at 197.18 though. 196.92 is the first level of resistance above 191.805, and by rule, any test of resistance is a short signal. In this case, if resistance 196.92 is being tested, a short signal would exist.
Blue = Current Price
Red= Resistance
Green = Support
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