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  • Apple Back to 200 Day Moving Average?

Apple Back to 200 Day Moving Average?

  • Categories Idea feed
  • Date March 4, 2021
  • Comments 0 comment

AAPL has broken through 20 and 50 day MA. Currently Straddling 100 Day MA. If it holds, head toward new highs. If it breaks downward, next strongest support is $113 – 200 day MA. The head and shoulders formation leaves me feeling bearish.
I’ll look to add shares on an upward bounce to $115 and again at $110 off a bounce from $108 (strongest support past 6 months and my opinion of fair value for AAPL. I’d be surprised if it reached this low however)

*Just an idea. My opinion is not to be taken as investment advice.

GLTA

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March 4, 2021

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