AAPL is being pinched in between the 200 day and 20 day moving averages. We have a supply overhead at the 169.25 / 168.50 and demand at the 165.40/164.10.
You can use those areas as levels on small intraday timeframes for potential day trades. The 163.24 is an area below marked in yellow where I expect AAPL to remain above by end-of-day Thursday, since markets are closed on Friday.
Watch the QQQ and NASDAQ-100 Futures for additional levels of confirmation and weakness.
You can use those areas as levels on small intraday timeframes for potential day trades. The 163.24 is an area below marked in yellow where I expect AAPL to remain above by end-of-day Thursday, since markets are closed on Friday.
Watch the QQQ and NASDAQ-100 Futures for additional levels of confirmation and weakness.
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