AAPL seems to be rejecting the 200DMA. Regaining this level is key for continuation upwards but this move seems to be petering out.
We could see a move back down to $228 and a failure to hold that demand zone could see us revisit lows. Demand should be strong at the psychological $200 price but let's see how we react to higher levels.
Above, we would need to break $260 supply zones in order to be bullish on a move back up to $300.
We could see a move back down to $228 and a failure to hold that demand zone could see us revisit lows. Demand should be strong at the psychological $200 price but let's see how we react to higher levels.
Above, we would need to break $260 supply zones in order to be bullish on a move back up to $300.
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