• Jan 13, 2025
  • Trade ideas

APPLE: What's next?

Apple, Daily

APPLEDaily.png

On the daily timeframe, Apple stock is falling amid the news that Apple lost global market share in 2024. IPhone sales declined by 2%, and the price dropped to the global trend line. The price dropped below the lower Bollinger line and Stochastic came out of oversold condition.

  • A break of the trend line below 237.0 will drop the price to 230.0 and further to 221.0;
  • A bounce off the trendline will bring #APPLE back to 260.0;
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